The pioneering group was awarded a $500,000 grant from Open AI to discover how synthetic intelligence can enhance its affect
ATLANTA, July 9, 2024 /PRNewswire/ — Operation HOPE has grow to be the primary monetary literacy nonprofit group to embed synthetic intelligence into its mannequin. Open AI awarded its first-ever grant to a community-based group with $500,000 to assist construct out Operation HOPE’s monetary teaching and help companies. The grant was introduced in December 2023 throughout the HOPE Global Forums | Annual Meeting in Atlanta. Operation HOPE CEO John Hope Bryant and Open AI CEO Sam Altman additionally introduced the formation of a first-of-its-kind AI Ethics Council, which held its inaugural assembly on June 28th.
Thus far, Operation HOPE has deployed synthetic intelligence to:
- Optimize teaching effectiveness and enhance Operation HOPE’s shopper experiences.
- Apply machine studying to establish particular actions and actions HOPE Monetary Coaches can do to enhance coach-client interactions.
- Upgrading the shopper administration system to formulate AI-driven pathways to information them towards improved outcomes.
The partnership developed when Mr. Altman and Mr. Bryant joined collectively for a listening tour at Clark Atlanta College within the spring of 2024. They decided that they share issues about bias and discrimination in AI, but additionally imagine that AI can overwhelmingly positively affect lives and create new financial alternatives for folks of shade. By working with HBCUs and civil rights leaders, who’ve a wealthy historical past as shapers and guardians of civil liberties—together with deep expertise in understanding and guiding moral decision-making throughout historical-critical junctures— the AI Ethics Council is designed to assist make sure the inclusivity of marginalized populations and other people of shade throughout this financial revolution.
On the inaugural assembly, James Hairston, Open AI’s Head of Worldwide Coverage and Partnerships, briefed members on the present state of AI, together with its challenges and alternatives. Mr. Bryant shared that he will likely be convening a gathering of tech leaders to advance points vital to the council, and introduced the Council website will go stay July 1, 2024. “I see this web site as our first stake within the floor. Its substance will develop, develop, and deepen over time. Transparency will likely be a trademark. I encourage all residents, right here and overseas, to get knowledgeable and educated round what AI actually is and is not,” stated Mr. Bryant. “As a council, we goal to focus our consideration on the needle we may also help transfer: increasing inclusive alternative round our shared future, for everybody, because it pertains to AI.”
A full replay of the dialog between Mr. Bryant and Mr. Altman on the Hope International Boards will be considered here.
About Operation HOPE
Since 1992, Operation HOPE has been shifting America from civil rights to “silver rights” with the mission of creating free enterprise and capitalism work for the underserved – disrupting poverty for hundreds of thousands of low and moderate-income youth and adults throughout the nation. By its neighborhood uplift mannequin, HOPE Inside, which obtained the 2016 Innovator of the Yr recognition by American Banker journal, Operation HOPE has served greater than 4 million people and directed greater than $3.2 billion in financial exercise into disenfranchised communities—turning check-cashing prospects into banking prospects, renters into owners, small enterprise dreamers into small enterprise house owners, minimal wage employees into dwelling wage customers, and unsure catastrophe victims into financially empowered catastrophe survivors. For extra info: OperationHOPE.org. Observe the HOPE dialog on Twitter, Facebook, Instagram or LinkedIn.
Operation HOPE Contacts:
Kevin Boucher, Operation HOPE
[email protected]
Lalohni Campbell, Per/Se Media Group
[email protected]
404-593-7145
SOURCE Operation HOPE, Inc.
