On Sunday, Facebook announced to create an independent Institute for Ethics in AI (Artificial Intelligence) with an initial grant of $7.5 million (Rs. 53 crores approx).
In alliance with the Technical University of Munich (TUM) in Germany, the institute will assist to advance the growing field of ethical research on new technology and will explore the fundamental issues, which will affect the use and impact of AI.
Director of Applied Machine Learning at Facebook, Joaquin Quinonero Candela said that “the institute will conduct independent, evidence-based research to provide insight and guidance for society, industry, legislators, and decision-makers across the private and public sectors.”
The independent institution will address the issue, which will affect the use and impact of Artificial Intelligence, such as privacy, safety, transparency, and fairness.
Over the issue, Professor Dr. Christoph Lutge said that “at the TUM Institute for Ethics in Artificial Intelligence, we will explore the ethical issues of AI and develop ethical guidelines for the responsible use of the technology in society and the economy.”
The independent institute will further benefit Germany’s position at the lead of the conversation regarding the ethical frameworks for AI “including the creation of government-led ethical guidelines on autonomous driving” and its work with European institutions over these issues.