Can't Leave AI To Whims Of Few Billionaires: UN General Secretary Calls For $3-Billion Global AI Fund

United Nations Secretary-General Antonio Guterres has called for the establishment of a $3 billion global fund to regulate artificial intelligence (AI) and safeguard its ethical development. During a recent address, Guterres emphasized the need to prevent AI from being controlled solely by a small group of billionaires, warning that unregulated AI could pose severe risks, particularly to vulnerable populations like children. He advocated for a collaborative international approach to ensure that AI technologies are developed responsibly and equitably. Guterres highlighted the potential for AI to enhance human life, but he also stressed the importance of protective measures to prevent misuse and unintended consequences. The proposed fund aims to support initiatives that promote ethical AI practices and ensure that technological advancements benefit all of humanity, rather than a privileged few. This call for action comes amid growing concerns about the rapid advancement of AI technologies and their implications for society. As AI continues to evolve, the UN seeks to foster a global dialogue on governance and oversight to ensure that these powerful tools are used for the greater good.