 Dear Fellow Scholars, we have some delightful news. Elon Musk and Sam Altman founded a nonprofit artificial intelligence research company that they call OpenAI. The funders have committed over $1 billion for this cause. Their goal is to make progress towards super intelligence, leveraging their nonprofit nature to make sure that such a breakthrough will be done in the controlled and beneficial way. As of the current state of things, most of the bigger companies with strong AI groups publish their work regularly, but as we get closer to artificial general intelligence and super intelligence, it is a question how much they will share. We have talked already about how enormously powerful a super intelligence could become, and how important it is to make sure that it is developed in a safe way, make sure to check that video out, a link is in the description box. It is really mind blowing. So everything they create will be open, therefore the first question that came to my mind, is it really good that anyone will be able to create an AI? What about users who are interested in doing it in a way that is harmful and dangerous to others? This was subject to a lot of debate and one of the conclusions is that at the same time most people are sensible and they expect that the number of friendly AI's will overpower the bad guys. We don't know if it's the best case scenario, but it is definitely better than the case of one company owning the only super intelligence. At OpenAI they already have researchers of their own and their research projects will be completely open. This is amazing because it rarely happens with companies as they usually want to retain the intellectual property of their projects. Amazon web services are also donating a huge amount of resources for the company. The fact that just like at research institutions, the researchers can publicly share their work may be a big deciding factor when recruiting, which is according to the founders already going really well. So, the light will know indeed. Thanks for watching and for your generous support and I'll see you next time.