MIT Media Lab to participate in $27 million initiative on AI ethics and governance

The MIT Media Lab and the Berkman Klein Center for Internet and Society at Harvard University will serve as the founding anchor institutions for a new initiative aimed at bridging the gap between the humanities, the social sciences, and computing by addressing the global challenges of artificial intelligence (AI) from a multidisciplinary perspective. "Artificial intelligence agents will impact every part of our lives in every society on Earth. Technology and commerce will see to that," says Alberto Ibargüen, president and CEO of the John S. and James L. Knight Foundation, which is among those supporting the initiative. 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 Ethics and Governance of Artificial Intelligence Fund's mission is to catalyze global research that advances AI for the public interest, with an emphasis on applied research and education. The fund will also seek to advance public understanding of AI. "AI's rapid development brings along a lot of tough challenges," explains Joi Ito, director of the MIT Media Lab.