OpenAI Offering One Million Dollar Grants for Democratizing AI Governance Ideas

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OpenAI, a non-profit artificial intelligence research organisation, recently announced a $1 million grant program targeted at promoting democratic decision-making when it comes to AI rule configurations. The organisation will now be offering $100,000 to ten successful applicants, who will then develop and test their ideas, leading to the establishment of a regulatory infrastructure that can cover a large number of generative AI related projects.

OpenAI seeks to design a system which will allow the public to provide feedback and votes that in turn will shape the development of AI tools used in its projects. To make such ideas effective in the long-run, OpenAI has suggested setting up an international organization that will be responsible for issuing regulations for generative AI, helping bring the law into the digital age.

OpenAI CEO Sam Altman has recently made an appearance and submitted his findings at a US Senate hearing and is also a part of the recent conversations on EU regulation proposals. As part of OpenAI’s push towards democratizing the decision-making process for AI projects, the organization will be accepting applications until June 24th and has asked applicants to, at the very least, involve 500 participants while testing their concepts. The applicants will be required to submit their project reports and open-source code by October 20th.

OpenAI Inc., the nonprofit arm of OpenAI, is hoping to provide a platform with regulations that will ultimately make sure the majority of people benefit from the project, thereby making AI technologies inclusive and more accessible. These grants will represent a first step to establish democratic processes to monitor the development of AI while also providing governance for some of its more powerful tools.

See also  EU Commission Investigates Microsoft's OpenAI Investment for Potential Market Distortion

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