• Elon Musk

Elon Musk (Photo : Reuters)

Elon Musk has revealed a brand new initiative in the form of OpenAI, contributing $1 billion in donations.

OpenAI is a non-profit artificial intelligence research company, with a mission of advancing digital intelligence that will be most beneficial to humanity as a whole, unconstrained by a need to generate financial return. The field is promising but controversial because of concerns about how machines equipped with the technology could interact with humans.

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Musk has been vocal about his opinion on artificial intelligence and the potential threat it poses to humanity, Forbes reported. His investments were not formed to any investment return. Musk said that we all should be very careful about artificial intelligence, guessing that artificial intelligence may be the biggest existential threat for humanity. 

“I’m increasingly inclined to think that there should be some regulatory oversight, maybe at the national and international level, just to make sure that we don’t do something very foolish,” Musk said.

The A.I. research company aims to build on recent advances in AI research to emerge with the next set of breakthroughs in the short-term while focus on deep learning research is its goal in the foreseeable future. One of its main goals is to prioritize good outcomes by the time by human-level AI emerges. The organization aims to freely collaborate with institutions and companies to research and deploy new technologies.

OpenAI will openly share its research in the form of papers, blog posts, code, open-source projects, talks and tutorials with the wider world is its vision, according to BGR

It intends to act as an overseer of artificial intelligence, a governing body of research scientists and A.I. developers who potentially have the funding and deep expertise to advise whether or not particular machine intelligence initiatives should reach their conclusion.

Among other tech companies that donated to OpenAI are Infosys, Amazon Web Services and YC Research, committing $1 billion to the non-profit artificial intelligence research company.