I was the first venture investor in OpenAI. The weekend drama illustrated my contention that the wrong boards can damage companies. Fancy titles like “Director of Strategy at Georgetown’s Center for Security and Emerging Technology” can lead to a false sense of understanding of the complex process of entrepreneurial innovation. OpenAI’s board members' religion of “effective altruism” and its misapplication could have set back the world’s path to the tremendous benefits of artificial intelligence. Imagine free doctors for everyone and near free tutors for every child on the planet. That’s what’s at stake with the promise of AI.
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