Interesting that gwern predicted this as well yesterday
> Translation for the rest of us: "we need to fully privatize the OA subsidiary and turn it into a B-corp which can raise a lot more capital over the next decade, in order to achieve the goals of the nonprofit, because the chief threat is not anything like existential risk from autonomous agents in the next few years or arms races, but inadequate commercialization due to fundraising constraints".
> It's about laying the groundwork for the privatization and establishing rhetorical grounds for how the privatization of OA is consistent with the OA nonprofit's legally-required mission and fiduciary duties. Altman is not writing to anyone here, he is, among others, writing to the OA nonprofit board and to the judge next year.