"Ten major philanthropic organizations are banding together to ensure that regular Americans, not just a small group of tech billionaires, have a say in how AI will shape society and who will benefit. The organizations announced Tuesday the formation of Humanity AI, a $500-million five-year initiative aimed at ensuring artificial intelligence serves people and communities rather than replacing or diminishing them."
""So much investment is going into AI right now with the goal of making money, which is our capital system and that's all fine," MacArthur Foundation president John Palfrey said in an interview with Fast Company. "What we are seeking to do is to invest public interest dollars to ensure that the development of the technology serves humans and places humanity at the center of this development.""
Ten philanthropic organizations formed Humanity AI, a $500-million five-year initiative to ensure artificial intelligence serves people and communities rather than replacing or diminishing them. The coalition includes foundations such as Doris Duke, Ford, MacArthur, Mellon, Mozilla, and Omidyar, and will make grants both independently and from a shared fund. Humanity AI aims to promote AI that strengthens communities and enhances human creativity, and to rebalance public policy debates to include everyday people alongside big tech and financiers. Coalition leaders acknowledge that their funding cannot match industry investment but plan to deploy public-interest capital to center humanity in AI development.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]