Sarah Hirshander
speaker
283 appearances
3 recordings
1 series
first heard Mar 2026
last heard 30 Jul
Sarah Hirshander’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 1.
Appearances
It costs a lot of money to develop AI.
It costs money to, like, hire people.
The computing power, all of it costs a lot of money.
So, like, we need investors.
We can't just rely on donations and sort of the tax breaks that we get as a nonprofit to develop this stuff.
And so they created this like what's called like a capped profit subsidiary, which was like a little for profit arm that they could use to raise that money.
It would still be under the control of the nonprofit as kind of like the umbrella parent organization.
But they were able to raise some money to some extent.
A lot more money started pouring in, a lot more interest from investors started pouring in, and OpenAI was kind of struggling to reconcile the nonprofit part of their mission and the fact that they were becoming this enormous, one of the most well-known tech companies in the country.
So...
2024, OpenAI decided that they wanted to completely like disentangle themselves from these nonprofit routes.
So they no longer wanted this cat profit model where investors could only get a certain amount of, you know, their investment back.
They wanted to be able to raise as much money as they wanted, and they wanted to be able to kind of behave like any other sort of for-profit AI company would.
They were eventually able to come up with sort of a deal with the Attorney General of California, which is where the company was based, that split OpenAI formally into like two arms.
One is like the corporation, an OpenAI corporation that may eventually go public, and the other is this new philanthropy, which is basically the original non-profit
that is now like still the parent umbrella organization of OpenAI, the company, but it also has these new responsibilities.
Basically, the philanthropy has two jobs.
One is to do grant making, so like giving money to other charities.
The other one is to do oversight over OpenAI, the company.
And then on the side of sort of oversight,
Showing 221–240 of 283 · page 12 of 15
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