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Making the AI desert bloom

#artificialintelligence

Then you've probably seen a boab. Also known as the "tree of life", they can store 100,000 litres of water, which can feed, restore and invigorate nature even in the toughest of conditions. But the tree is not Australia's only boab -- in Melbourne, Boab AI is an investment company supporting a very different kind of ecosystem. "Artificial intelligence investment in Australia is a nascent but relatively new area where Victoria is leading the way," says Boab AI Managing Director Andrew Lai, a technology-focused venture capitalist who has helped hundreds of startups during his 15-year career. "Australia's share of world GDP is 1.8%, but our share of global AI funding is 0.22%, according to Pitchbook. So many people in Silicon Valley have become billionaires by investing in tech, but we just don't have that history and investment risk taking culture here. Most people just want to invest in real estate."


The Role of Social Movements, Coalitions, and Workers in Resisting Harmful Artificial Intelligence and Contributing to the Development of Responsible AI

arXiv.org Artificial Intelligence

There is mounting public concern over the influence that AI based systems has in our society. Coalitions in all sectors are acting worldwide to resist hamful applications of AI. From indigenous people addressing the lack of reliable data, to smart city stakeholders, to students protesting the academic relationships with sex trafficker and MIT donor Jeffery Epstein, the questionable ethics and values of those heavily investing in and profiting from AI are under global scrutiny. There are biased, wrongful, and disturbing assumptions embedded in AI algorithms that could get locked in without intervention. Our best human judgment is needed to contain AI's harmful impact. Perhaps one of the greatest contributions of AI will be to make us ultimately understand how important human wisdom truly is in life on earth.