How OpenAI’s mission makeover is a test for whether AI serves society or shareholders

Fast Company Tech

by The Conversation

February 20, 2026

AI-Generated Deep Dive Summary

OpenAI, the creator of ChatGPT, has undergone a significant transformation by altering its mission statement and reorganizing its legal structure to prioritize profits over safety. Originally established as a nonprofit in 2015 with a focus on creating AI that "safely benefits humanity," OpenAI removed the word "safely" from its mission statement in 2024, coinciding with its shift to a for-profit business model. This change has sparked concerns about the potential risks of its AI products, as highlighted by ongoing lawsuits alleging psychological harm and other damages. The company's evolution began in 2019 when it created a for-profit subsidiary to secure funding from major investors like Microsoft, which invested over $13 billion. By late 2024, OpenAI had restructured into two entities: the nonprofit OpenAI Foundation and the for-profit OpenAI Group. The foundation owns 26% of the group's stock, while Microsoft holds a slightly larger stake. This new structure allows OpenAI to attract more investment but raises questions about whether safety will remain a priority. The restructuring also includes safeguards, such as a safety committee on the foundation's board that can halt product releases if risks are deemed too high. However, critics argue these measures may not be sufficient given the current board composition and lack of explicit safety references in the mission statement. This shift sets a precedent for how society oversees organizations with the potential to cause significant harm or benefit. For designers and tech enthusiasts, OpenAI's transformation highlights the challenges of balancing innovation with ethical responsibility. As AI becomes more integrated into daily life, questions about oversight, accountability, and prioritizing societal benefits over profits will only grow in importance. The case of OpenAI serves as a critical test for how we govern technology that can shape humanity's future for better or worse. Ultimately, OpenAI's evolution underscores the broader debate about the role of corporations in shaping technological progress. While increased investment may drive innovation, it also raises concerns about losing sight of ethical and safety considerations. As OpenAI continues to influence AI development, its decisions will have far-reaching implications for society, design, and the future of technology.

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Originally published on Fast Company Tech on 2/20/2026