Foundations commit $500 million to prioritize human needs in AI development

abcnews.go.com

Ten foundations are pledging $500 million over five years to ensure AI development prioritizes human needs over corporate interests. The Humanity AI coalition aims to counter the influence of AI developers by funding initiatives focused on democracy, education, artists, work, and personal security. This effort highlights growing concerns about AI's societal impact, including misinformation, job displacement, and environmental concerns, as foundations seek to guide its evolution.


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