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 Georgetowns Center for Security and Emerging Technology can lead to a false sense of understanding of the complex process of entrepreneurial innovation. OpenAIs board members' religion of effective altruism and its misapplication could have set back the worlds path to the tremendous benefits of artificial intelligence. Imagine free doctors for everyone and near free tutors for every child on the planet. Thats whats at stake with the promise of AI.

The best companies are those whose visions are led and executed by their founding entrepreneurs, the people who put everything on the line to challenge the status quofounders like Sam Altmanwho face risk head on, and who are focusedso totallyon making the world a better place. Things can go wrong, and abuse happens, but the benefits of good founders far outweigh the risks of bad ones.

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OpenAI's Board Set Back the Promise of Artificial Intelligence - The Information