MIT, Harvard, tech industry luminaries team up on Fund for Ethical AI ZDNet

Amid a mounting tide of concerns over the implications of AI (artificial intelligence) on society, a new fund backed by well-known tech industry figures along with Harvard and MIT has been formed. The Ethics and Governance of Artificial Intelligence fund will start out with $27 million to fund work that "advances the development of ethical AI in the public interest." Machine learning, task automation and robotics are already widely used in business. These and other AI technologies are about to multiply, and we look at how organizations can best take advantage of them. EBay founder Pierre Omidyar's charitable foundation Omidyar Network, LinkedIn founder Reid Hoffman, the Knight Foundation and others are contributors to the fund.