And that someone usually isn't a manufacturer, lest the committee be accused of bias.
Consequently, you get (a) outdated features that SotA has already moved beyond, (b) designed in a way that doesn't correspond to actual practice, and (c) that are overly generalized.
There are some notable exceptions (e.g. IETF), but the general rule has been that open specs please no one, slowly.
IMHO, FRAND and liberal cross-licensing produce better results.
(To be clear, HIP is about converting CUDA source code not running CUDA-compiled binaries but the Zluda project discussed in OP heavily relies on it.)