The LTBT has the authority to appoint or remove the majority of the board, having already selected four of the seven directors. This group includes high-profile figures such as Novartis CEO Vas Narasimhan and Netflix co-founder Reed Hastings. The trust is currently composed of three members: Neil Buddy Shah, Ben Bernanke, and Richard Fontaine.
The trust operates primarily as an advisory body, providing input on key initiatives like the Mythos cybersecurity model and disputes with the US government regarding automated weapons. While it lacks equity, the structure is designed to be a blueprint for AI governance. However, experts warn that the balance between profit-seeking investors and the mission-driven trust will be stress-tested as the company moves toward its IPO.
