Stanford unveils new AI institute, built to create 'a better future for all humanity'

Amid a worldwide race for supremacy in artificial intelligence, Stanford University on Monday will unveil a new institute dedicated to using AI to build the best-possible future. The Stanford Institute for Human-Centered Artificial Intelligence is co-directed by Fei-Fei Li, a former chief scientist for AI at Google, now a Stanford computer science professor. "The scope and scale of impact of the Age of AI will be more profound than any other period of transformation in our history," Li and co-director John Etchemendy said in an online note about the new institute. "AI has the potential to radically transform every industry and every society." The institute will take advantage of Stanford's strength in a variety of disciplines, including AI, computer science, engineering, robotics, business, economics, genomics, law, literature, medicine, neuroscience and philosophy, according to promotional materials.