Initially funded with $27 million from the Knight Foundation; LinkedIn co-founder Reid Hoffman; the Omidyar Network; the William and Flora Hewlett Foundation; and Jim Pallotta, founder of the Raptor Group, the new fund will also seek to advance public understanding of AI.
The MIT Media Lab and the Berkman Klein Center for Internet and Society at Harvard University will serve as the founding anchor institutions and are expected to reinforce cross-disciplinary work and encourage intersectional peer dialogue and collaboration.
“AI’s rapid development brings along a lot of tough challenges,” explains Joi Ito, director of the MIT Media Lab. “For example, one of the most critical challenges is how do we make sure that the machines we ‘train’ don’t perpetuate and amplify the same human biases that plague society?
How can we best initiate a broader, in-depth discussion about how society will co-evolve with this technology, and connect computer science and social sciences to develop intelligent machines that are not only ‘smart,’ but also socially responsible?”
Rather than focusing on niche AI applications, the new initiative aims to breaking down silos among disciplines and take an informative role for society as a whole, complementing and collaborating with existing efforts and communities, such as the upcoming public symposium “AI Now,” which is scheduled for July 10 at the MIT Media Lab.
The fund will also oversee an AI fellowship program, identify and provide support for collaborative projects, build networks out of the people and organizations currently working to steer AI in directions that help society, and also convene a “brain trust” of experts in the field.