These AI Barons Are Ready to Give Away Their Fortunes
TL;DR
A new generation of philanthropists made rich by artificial intelligence are preparing to give away their vast wealth. What should we make of a multi-billion-dollar pinky promise? A new generation of philanthropists made rich by artificial intelligence are preparing to give away their vast wealth. What should we make of a multi-billion-dollar pinky promise?
Nauti's Take
There is a real opportunity here: if AI fortunes move into foundations, budgets open up for research, education and climate work that almost nobody else funds. The catch is how non-binding these pledges are, since a promise without a deadline, named recipients or an audit trail costs nothing today and pushes the debate about concentrated power into the future.
Anyone planning on the nonprofit side should track money actually disbursed, not announcements.
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