Patrick J. McGovern Foundation invests in AI for public good

The Patrick J. McGovern Basis will double its investments in facts science and AI grants in 2021 to $40 million. The foundation is also introducing initiatives to market the liable and inclusive use of facts and AI.

“We sit at the frontier of the digital age with a established of choices about the upcoming of these highly effective applications,” stated foundation president Vilas Dhar. “Will it be a upcoming the place handle stays in the arms of a couple to benefit the elite? Or a upcoming the place we all participate in the co-development of AI and facts that solves our biggest world-wide troubles and would make our individual life better?”

The foundation’s  2021 commitments are supposed to empower civil society to entirely participate in shaping the upcoming so that the benefits of AI and facts are shared by all. The a few-pillar determination from the foundation, which is named for the late founder of IDG, consists of:

  • A $40 million determination to AI and facts science for “public superior,” enabling nonprofits and non-governmental businesses to leverage AI and facts to further more get the job done in environmental security, foster economic prosperity, improve tech education and learning chances for younger folks, and generate a far more inclusive, equitable tech workforce. Grants also will be directed towards businesses creating new methods to facts dignity, facts stewardship, and AI ethics.
  • A new facts and AI services consultancy for nonprofits, to be introduced this spring. The foundation’s in-residence group of facts and AI specialists will get the job done with nonprofit businesses on facts maturity and infrastructure and development of exemplar instances of AI for community superior.
  • Fostering an inclusive tech, facts, and AI ecosystem. By way of collaboration with businesses such as Oxford, MIT, and the Stanford Institute for Human-Centered Artificial Intelligence, the foundation will catalyze endeavours to carry stakeholders jointly, elevate assorted perspectives on AI’s upcoming, and encourage younger technologists to pursue tech for community superior. A critical concentrate will be such as marginalized voices to make certain that the advancement of AI benefits all people.

The foundation also is announcing help for the Environment Financial Forum World wide AI Action Alliance, with Dhar co-chairing this alliance of far more than one hundred leading organizations, governments, intercontinental businesses, and teachers.

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