In January, Musk made a $10 million donation to the foundation.
At the beginning of 2015 billionaire entrepreneur Elon Musk committed a substantial amount of money to Boston-based Future of Life Institute.
The research should help provide a clearer idea of how humans and artificial intelligence can work together, such as outlining the ways a financial AI programme can explain its suggestion for an innovative investment strategy, Tegmark said.
Elon Musk, famed as the father of electric vehicle maker Tesla Motors, has been one of the loudest voices warning that artificial intelligence, or AI, could be a unsafe move for mankind. An additional $1 million for the grantees was donated by the Open Philanthropy Project, an organization created by Facebook co-founder Dustin Moskovitz that funds projects that “help humanity thrive”. The organization identified on Wednesday 37 research groups that will receive a share of $7 million in grants, Fortune reported.
Now some of that $10 million will be doled out in grants to 37 research projects around the world, according to Bloomberg. He also invested in Google’s Deep Mind, an artificial intelligence company aimed to teach and train machines to read. Indeed, some companies have come close: IBM’s Watson, for instance, has become a prime example of what artificial intelligence can deliver as it’s learned history, facts, and other information, and even won a game on the popular quiz show “Jeopardy”. The researchers were encouraged to find ways to prevent any potential catastrophes due to the mushroom growth in the technology.
Time and again, Mr. Musk together with Stephen Hawking, the award winning theoretical physicist and Bill Gates, Microsoft founder, have expressed their concerns over the AI technology. They will minimize the risk of AI through the development of government and industrial policy. Numerous projects are focused on understanding AI and how it could impact humanity.
“We need to be super careful with AI”. The Future of Life officer, Daniel Dewey, said that most of the researches are tuned towards boosting the performance of AI.
“This week Terminator Genisys is coming out and that’s such a great reminder of what we should not worry about”, Tegmark said. The movie uses some form of AI which is given control to use nuclear weapons in an attempt to wipe out the human race.
While the new entry of the franchise, and the rise of a surveillance team called Skynet has sparked concerns, Future of Life Institute president Max Tegmark, says there’s something else at stake: “
The danger with the Terminator scenario isn’t that it will happen, but that it distracts from the real issues posed by future AI.