OpenAI’s announces $100,000 grant for ideas on AI Governance to address bias | Business Upturn

OpenAI’s announces $100,000 grant for ideas on AI Governance to address bias

OpenAI ,the startup that initiated the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million (roughly Rs. 8,300 crore) for experiments in democratic processes to determine how AI software should be governed to address bias and other factors.The $100,000 (roughly Rs. 82 lakh) grants will go to recipients who present compelling frameworks for answering such questions as whether AI ought to criticize public figures and what it should consider the “median individual” in the world, according to a blog post announcing the fund.

Critics called out the AI systems saying that ChatGPT have an inherent bias due to the inputs used to shape their views. Concerns are growing that AI working alongside search engines like Alphabet’s Google and Microsoft’s Bing may produce incorrect information in an extremely convincing manner. AI systems “should benefit all of humanity and be shaped to be as inclusive as possible,” OpenAI said in the blog post. “We are launching this grant program to take a first step in this direction.” Altman has been a leading figure calling for regulation of AI, while simultaneously rolling out new updates to ChatGPT and image-generator DALL-E. This month he appeared before a U.S. Senate subcommittee, saying “if this technology goes wrong, it can go quite wrong.”

Almost every sector has an interest in AI’s potential to improve efficiency and cut down labor costs beside concerns that AI could spread rumours and factual inaccuracies, what industry insiders call “hallucinations.” AI is already behind several widely believed spoofs. In a prior incident, the viral image of an explosion near the Pentagon briefly affected the stock market. Despite calls for greater regulation, Congress has constantly failed to pass new legislation to meaningfully curtail Big Tech.