Fundraising.AI
Episode 12
Episode 12 - Tomorrow's Tools: Exploring the Cutting Edge of AI
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OVERVIEW
Drawing insights from the recent Imagine AI conference, Nathan and Scott offer a comprehensive recap of the groundbreaking advancements, ranging from generative AI to multi-agent systems. With a keen eye on the evolving tech landscape, they explore the potential of AI in revolutionizing fundraising practices, emphasizing the importance of ethical considerations and responsible use.
Diving into recent developments, they discuss rumors surrounding iOS 18 and Apple’s potential collaboration with AI giants like Anthropic and Google. Moreover, they highlight the growing threat of cyberattacks and the imperative of safeguarding donor data, shedding light on the critical need for cybersecurity in the nonprofit sector.
Nathan and Scott reflect on the balance between innovation and responsibility in AI implementation. They analyze the role of AI review boards and ethical considerations, cautioning against stifling creativity while ensuring ethical AI practices. Also, they underscore the transformative potential of AI in fundraising, urging nonprofits to embrace innovation while upholding ethical standards.
EPISODE HIGHLIGHTS
- [03:04] Insights into the Future: Generative AI and Multi-Agent Systems
- [06:52] Impact of Autonomous AI on Enterprise Tasks
- [10:07] Era of AI Manipulation and Attention Economy
- [15:29] Latest Technological Advancements for Data Security and Efficiency
- [20:36] Balancing Innovation and Responsibility: Ethical AI Practices for Organizational Growth
TIPS AND TOOLS TO IMPLEMENT TODAY
- Keep track of events and conferences like Imagine AI for the latest advancements in AI technology.
- Don't commit to just one AI tool. Explore different options like MultiON, Devin, and others to find what works best for your needs.
- With nonprofits being a target for cyber attacks, invest in cybersecurity measures to safeguard valuable data.
- Stay informed about hardware improvements like NVIDIA's GPU advancements for faster computing at lower costs.
- Foster a culture of sharing best practices in AI usage within the nonprofit sector to facilitate learning and innovation.
- Avoid overly strict regulations on AI usage that may stifle organizational creativity and innovation.
- Establish basic guidelines for AI usage that balance innovation with privacy, security, and ethical considerations.
- Promote responsible AI practices by integrating safety and ethical considerations into your organization's core values.
- Keep up with discussions and articles on responsible AI practices, societal implications, and the latest trends in AI technology.
- Encourage experimentation with AI tools and prompt discussions on how to continually improve AI usage within your organization.
FAVORITE QUOTES
- "AI is created to essentially harvest attention in whatever capacity it is intended to do." - Nathan Chappell
- "As a nonprofit, you really have to take extra precaution to make sure your data is safeguarded." - Nathan Chappell
- "Given that we are in the business of trust, data safety has to be prioritized as number one, two, and three." - Nathan Chappell
- "I remember one of the biggest epiphanies I had when I almost immediately got into the nonprofit sector was the openness of sharing information." - Nathan Chappell
- "Every one of those algorithms is essentially rewarded by creating attention or harvesting it. So capturing just a sense of one second of your attention, it's done its job." - Nathan Chappell
- "Your data essentially represents your donors, who they are, their privacy, their relationship with you. So you need to treat that like an individual person. Secure it, but also use it." - Scott Rosenkrans
- "There is a lot of conversation about ethical, responsible AI. But nobody really knows what it means; they just know they need to do it." - Scott Rosenkrans
- "Being able to pivot and try new things, you'll see what's working best, what's not working for you. Always iterate." - Scott Rosenkrans
- "You don't have to commit yourself to one AI tool; spread yourself. And they all provide different value in different ways." - Scott Rosenkrans
- "A stat came from Microsoft saying that nonprofits are the second most attacked sector by cyber attacks. The reason is that we have many private and valuable data. We also don't have a lot of the resources to accurately secure that information. So we're easily vulnerable." - Scott Rosenkrans
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MEET YOUR HOSTS
Nathan Chappell
As a thought leader, public speaker, author and inventor, Nathan is one of the world’s foremost experts on the intersection between Artificial Intelligence and philanthropy. Nathan serves as Senior Vice President of DonorSearch AI, where he leads AI deployments for some of the nation’s largest nonprofit organizations. Nathan’s subject matter expertise has been featured in several publications, including Fast Company, University of Notre Dame and the Association of Healthcare Philanthropy. In 2021, Nathan founded Fundraising.Ai as a member-centric collaboration of nonprofit professionals with a focus on data ethics, data equality, privacy and security, sustainability. Nathan presented the first TEDx on the topic of artificial intelligence and the future of generosity in 2018. Nathan is a member of the Forbes Technology Council and holds a Masters in Nonprofit Administration from University of Notre Dame, an MBA from University of Redlands, a certificate in International Economics from University of Cambridge and a certificate in Artificial Intelligence from MIT.
Scott Rosenkrans
Scott Rosenkrans is the Assistant Vice President of DonorSearch Ai and has been with the organization for three years. He began his journey in the nonprofit sector twelve years ago as a prospect researcher. He quickly became fascinated with data as he noticed the organization that he previously worked for was amassing a wealth of information but was unsure how to efficiently use the data and resources to its full potential. This led him to become interested in predictive modeling and data analytics. During this time, he began to create an immense commitment to delivering tailor-made machine learning models to nonprofits.
The thing that Scott loves most about working for DonorSearch is the ability to prioritize what is best for the client and nonprofit sector above all else. He believes that growth is our most important core value because the DSAi team continuously evolves and brings a unique perspective that provides value to our clients. He stays ahead of industry trends because of his insatiable drive to constantly try out new things.
Favorite nonprofit: Shriner’s Children Hospital because of their extreme commitment to providing exceptional medical care, while also alleviating the financial burdens on families.
