Facebook to Set up Institute To Promote Ethics in AI

Facebook has said it will create an independent Institute for Ethics in Artificial Intelligence (AI) with an initial grant of $7.5 million.
In collaboration with the Technical University of Munich (TUM) in Germany, the institute will help advance the growing field of ethical research on new technology and will explore fundamental issues affecting the use and impact of AI.
“The institute will conduct independent, evidence-based research to provide insight and guidance for society, industry, legislators, and decision-makers across the private and public sectors,” said Joaquin Quinonero Candela, Director, Applied Machine Learning, at Facebook.
The institute will address issues that affect the use and impact of AI, such as safety, privacy, fairness, and transparency.
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