Elon Musk has been vocal about his concerns about artificial intelligence, but he's not the only tech billionaire speaking out against it.
A group of tech billionairesincluding Mark Zuckerberg, Bill Gates, and Google's Eric Schmidtare giving a total of more than $100 million to research and use artificial intelligence in areas such as health, education, and climate change, Fortune reports.
The Giving Pledge, a list of the richest people in the world who give away at least $10 million a year, notes that the pace of artificial intelligence development is "raising concerns among technology experts," but that philanthropists are responding with an increase in grants to address the potential harmful effects of AI.
The Giving Pledge notes that tech billionaires are increasingly backing the positive outcomes of AI, though there are also AI skeptics among the tech elite.
For instance, Tesla CEO Elon Musk has expressed concerns about the potential destruction AI could bring and has made significant donations to organizations working on AI safety.
The Ethics and Governance of AI Initiative, a joint project of the MIT Media Lab and Harvard's Berkman Klein Center, has received substantial financial support from various foundations and individuals.
Foundations unaffiliated with the tech industry, like the Ford, MacArthur, and Rockefeller foundations, tend to hold a more skeptical perspective on
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The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.