As the first venture investor in OpenAI, I have seen firsthand how the wrong board members can harm a company’s growth and success. The recent drama at OpenAI has only confirmed my belief that fancy titles like “Director of Strategy at Georgetown’s Center for Security and Emerging Technology” can give a false sense of understanding about the complex process of entrepreneurial innovation.
The misapplication of effective altruism by OpenAI’s board members could have set back the world’s progress towards the tremendous benefits of artificial intelligence. Imagine a world where everyone has access to free doctors and tutors, thanks to AI. That is what is at stake when we talk about the promise of AI.
However, it is important to remember that the best companies are those whose visions are led and executed by their founding entrepreneurs, who take on risk head-on and are completely focused on making the world a better place. While there are risks involved, the benefits of having good founders far outweigh any potential drawbacks.