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US CEO Hands Oxford University $189 Million For AI Studies
AppleMagazine
|June 21, 2019
An American billionaire has given Oxford University 150 million pounds ($188.6 million) for a new institute that will study the ethical implications of artificial intelligence and computing technologies.
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The donation from Stephen Schwarzman, CEO of the private equity firm Blackstone, will also fund a center to house all of the university’s humanities subjects in a single space to encourage collaborative study.
“AI is going to be the fourth revolution, and it is going to impact jobs, excellence, efficiency,” Schwarzman told the BBC. “It is a force for amazing good and also a potential force for not good.”
Schwarzman compared the rise of AI to the rise of the internet, which was launched by computer scientists who thought it was “cool.”
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