>Public benefit corporations in the AI space have become a farce at this point. They're just regular corporations wearing a different hat, driven by the same money dynamics as any other corp.
Could you describe the model that you think might work well?
It sounds like OP thinks AI companies should just stop pretending that they care about the public benefit, and be corporations from the start. Skip the hand wringing and the will they/wont they betray their ethics phases entirely since everyone knows they're going to choose profit over public benefit every time.
That model already exists and has worked well for decades. It's called being a regular ass corporation.