The New Non-Profit That Could Prevent the Robot Apocalypse

Elon Musk and other techies pledge $1 billion to OpenAI.

The stated goal of OpenAI is to focus on research and development in artificial intelligence that will have a "positive human impact."

"Our goal is to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return," a welcome letter on the OpenAI website reads. "Since our research is free from financial obligations, we can better focus on a positive human impact. We believe AI should be an extension of individual human wills and, in the spirit of liberty, as broadly and evenly distributed as possible."

Despite the staggering $1 billion pledge, the group said it plans to spend a small amount of the money over the next few years.

"It's hard to fathom how much human-level AI could benefit society and it's equally hard to imagine how much it could damage society if built or used incorrectly," OpenAI's letter said.