The New A.I. Money Should Be Spent on Beauty
The New A.I. Money Should Be Spent on Beauty
Soon enough, the major artificial intelligence companies will take their soaring valuations and go public. When they do, a great many very smart, very eccentric people will suddenly possess enormous liquid wealth — and many have committed to giving great sums of it away.
The future of American philanthropy isn’t the central drama of the A.I. age, but it isn’t a sideshow, either. As Nan Ransohoff wrote this week on Substack, A.I. wealth could soon add as much as $100 billion to American charitable giving every year. She describes this as a potential “third wave” of philanthropy, after the now-distant Carnegie and Rockefeller era and the recent Bill Gates and Warren Buffett wave. And she expects it to be focused on the “A.I.........
