LinkedIn cofounder Reid Hoffman leaves OpenAI’s board to avoid conflict of interest

LinkedIn cofounder Reid Hoffman is leaving OpenAI’s board to keep away from conflicts of curiosity as he backs extra synthetic intelligence corporations, he mentioned in a web based publish.

Hoffman, who has invested in and suggested the startup since its 2015 founding, mentioned his enterprise capital agency Greylock is funding corporations reminiscent of presentation generator Tome, that are paying for instruments from OpenAI, the creator of chatbot sensation ChatGPT. Hoffman additionally co-founded Inflection AI, one of many highest-profile startups engaged on know-how just like OpenAI’s.

“With all the possibilities ahead, it’s important to think beyond any one application, company, industry when it comes to AI, because I believe its impact will be on a much greater magnitude,” he mentioned. “It’s with that in mind, that I’ve decided to step back from the OpenAI board. I made this decision after months of conversations with Sam [Altman], Greylock colleagues, and friends. “

“By stepping off the board, I can proactively put to rest any downstream potential issues for both OpenAI and all Greylock portfolio companies I’ve backed,” he mentioned, noting OpenAI has prevented conflicts up to now.

Hoffman’s departure underscores competitors amongst an rising quantity corporations aiming to reshape content material manufacturing in addition to total industries via AI.

Also learn | Elon Musk hiring AI researchers to develop OpenAI rival: report

At the identical time, Hoffman mentioned he remained OpenAI’s “ally” and needed to work towards “elevating humanity” via know-how together with cross-industry partnerships if desired.”Zooming out, I believe that AI has a major role in benefiting humankind. As an investor, but also as a humanist, I want my participation in anything AI to support that goal of elevating humanity. As much as I can help, I want OpenAI, Inflection, and many more companies to have a clear path to build with each other, if they so choose, to the benefit of all of us,” he added.

Sam Altman, OpenAI’s chief govt, mentioned in a Twitter publish responding to Hoffman that he seems ahead “to much more collaboration in the future!”

Hoffman stays on the board of Microsoft Corp, itself a serious accomplice to and investor in OpenAI.

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