While large language models and similar “AI” technologies are very overhyped, they are already plenty usable for things like deepfakes which if left unchecked have significant potential to be weaponised and destabilize societies.
OpenAI is a non-profit that’s behind those machine learning models and practical applications like ChatGPT. In principle it should govern development so that it’s safe and responsible. There are many allegations that Sam Altman became focused on profit betraying non-profit mission.
While OpenAI is not technically controlled by commercial entities (it has 49% stake by Microsoft) it’s entirely dependent on them for funding which likely led to being strong-armed to have Altman regain control.