Philanthropy plays an essential role in funding critical research and infrastructure for the public good. The Rockefeller Foundation’s grant in 1956 is pivotal in the evolution of artificial intelligence (AI). With AI's rapid integration into society, philanthropy must take an active role rather than remain passive. Grantmakers are tasked with ensuring AI promotes equity and benefits all individuals rather than amplifying existing disparities. By focusing on ethical AI solutions and community-informed innovations, philanthropy can lead efforts that promise substantial societal benefits.
Philanthropy has a once-in-a-generation opportunity to push AI to fulfill its potential to deliver enormous benefits to society by prioritizing ethical AI and impacting the nonprofit sector.
As governments struggle to keep pace with AI advancements, grantmakers have a unique obligation to ensure AI serves the public good and advances equity.
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