"Investing in OpenAI Global, LLC is a high-risk investment"
"Investors could lose their capital contribution and not see any return"
"It would be wise to view any investment in OpenAI Global, LLC in the spirit of a donation, with the understanding that it may be difficult to know what role money will play in a post-AGI world"
These are some heavy statements. It's fine to accept money from private investors who really do believe in that mission. It seems like you can't continue with the same mission if you're taking billions from public companies which have investors who are very much interested in profit. It's like putting your head in the sand with your hand out.
One of the board members seemed to believe that destroying OpenAI could still be inline with the mission. If that's the case, then they should have accepted slow progress due to funding constraints and killed the idea of creating the for-profit.
Why not? Public companies contribute to charities all the time.
Sure, should have. I think indicators in the last year have pointed to the domain developing much faster than anticipated, with Ilya seemingly incredulous at how well models he spend his career developing, suddenly started working and scaling incredibly well. If they thought billions of "donations" would sustain development in commercial capabilities X within constraints of the mission, but got X^10 way outside constraints, and their explicit goal was to to make sure X^10 doesn't arrive without Y^10 in consideration for safety, it's reasonable for hard liners to reevaluate, and if forces behind the billions get in the way, to burn it all down.