Patrick J. McGovern Foundation invests in AI for public good

The Patrick J. McGovern Foundation will double its investments in data science and AI grants in 2021 to $40 million. The basis is also introducing initiatives to boost the accountable and inclusive use of data and AI.

“We sit at the frontier of the digital age with a established of decisions about the future of these strong tools,” claimed basis president Vilas Dhar. “Will it be a future exactly where regulate remains in the hands of a couple of to benefit the elite? Or a future exactly where we all take part in the co-generation of AI and data that solves our biggest world wide difficulties and makes our unique life superior?”

The foundation’s  2021 commitments are meant to empower civil modern society to totally take part in shaping the future so that the advantages of AI and data are shared by all. The three-pillar motivation from the basis, which is named for the late founder of IDG, incorporates:

• A $40 million motivation to AI and data science for “public excellent,” enabling nonprofits and non-governmental businesses to leverage AI and data to additional work in environmental safety, foster economic prosperity, fortify tech education options for youthful men and women, and build a additional inclusive, equitable tech workforce. Grants also will be directed towards businesses creating new approaches to data dignity, data stewardship, and AI ethics.
• A new data and AI services consultancy for nonprofits, to be launched this spring. The foundation’s in-residence team of data and AI industry experts will work with nonprofit businesses on data maturity and infrastructure and generation of exemplar situations of AI for general public excellent.
• Fostering an inclusive tech, data, and AI ecosystem. Via collaboration with businesses such as Oxford, MIT, and the Stanford Institute for Human-Centered Artificial Intelligence, the basis will catalyze initiatives to deliver stakeholders with each other, elevate numerous views on AI’s future, and encourage youthful technologists to pursue tech for general public excellent. A critical emphasis will be such as marginalized voices to ensure that the growth of AI advantages anyone.

The basis also is asserting help for the Environment Economic Forum World AI Motion Alliance, with Dhar co-chairing this alliance of additional than one hundred leading firms, governments, international businesses, and teachers.