Monday 20th January 2014
The Machine Intelligence Research Institute
The creator of Ripple and original founder of Mt. Gox, Jed McCaleb, recently made a donation worth roughly $500,000 in XRP to artificial intelligence researchers the Machine Intelligence Research Institute (MIRI).
Going on the XRP-USD exchange rate at the time of the donation, McCaleb’s became the largest single contribution in the Institute’s history.
MIRI is a tax-exempt, non-profit organization focusing on safety issues related to the development of ‘Strong AI’, or smarter-than-human artificial intelligence. Known as the Singularity Institute until January 2013, MIRI has a mission to ensure the creation of such intelligence has a positive impact on humanity.
Among its advisory board are names often associated with future studies, Transhumanism and the technological Singularity: Nick Bostrom, Aubrey de Grey, PayPal co-founder Peter Thiel and Foresight Nanotech Institute co-founder Christine Peterson. Ray Kurzweil was also a director from 2007-10
Jed McCaleb left his main role at Ripple Labs in July last year, but is still a director there. He is known to have an interest in AI research and development, and the technological Singularity. – Jon Southurst