The foundation of Onex CEO Gerald Schwartz and Indigo CEO Heather Reisman is making the school’s largest-ever donation. It will fund a 750,000-square-foot facility that will include a new institute named for Schwartz and Reisman to study AI-related ethical issues. The complex, which was first announced in July 2018, will also house the Vector Institute. (Toronto Star)
Talking point: The Schwartz Reisman Institute for Technology and Society is likely to have an easy time attracting people who want to study the ethical implications of AI; it’s become a key part of the nascent Canadian subsector’s brand. Earlier in March, the federal government released a policy that requires the civil service to assess the impact of using algorithms and inform the public when decision-making is partly or entirely automated. And, Scotiabank is among the companies that have bought into Montreal-based Integrate.ai’s framework for responsible AI use. That do-no-harm image is good marketing in the international battle for AI talent and investment.