Fundraising.AI
Episode 52
Episode 52 - Navigating The Ethical Landscape Of AI For A Better Tomorrow With Xiaochen Z
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OVERVIEW
Xiaochen Z is the founder and chief AI officer at AI2030, a global network focused on driving responsible and ethical AI development for the good of humanity. He is also the CEO of FinTech4Good with over 20 years of experience in the intersection of technology and social impact and leverages technology to empower communities and support sustainable development goals.
In today’s episode with Xiaochen, we dive into the intersection of technology, responsibility, and social impact. As we stand on the edge of major technological evolution, especially AI, we face a critical moment where proactive actions can shape the future. We talk about how we can ensure that technology is in the hands of the right people, being used for the greater good, and what role the nonprofits sector plays in guiding this process. Xiaochen holds a Ph.D. in financial technology and has worked with reputable organizations like the World Bank, United Nations, and AWS.
EPISODE HIGHLIGHTS
- [03.00] Xiaochen’s background and his desire to use technology for social good.
- [05.22] Innovation in addressing long-standing challenges.
- [10.10] The importance of human relationships in organizational partnerships.
- [12.53] Climate change and AI development.
- [18.54] Setting meaningful milestones.
- [23.15] The distinction between regulated and non-regulated industries regarding AI adoption.
- [28.23] Creating positive impact while maintaining responsibility.
- [32.50] Keeping AI in the hands of those who are willing to make the world a better place.
TIPS AND TOOLS TO IMPLEMENT TODAY
- Partnerships are more attractive when the people involved are genuinely motivated to make positive impact.
- Look beyond the title and find people who have the passion to drive meaningful change.
- Collaborate with purpose.
- Break big goals into small, achievable milestones.
- Build a community of like-minded individuals and organizations.
- Ask foundational questions about AI framework, reporting, governance, and workforce strategy.
- Create processes that are efficient and sustainable.
ADDITIONAL RESOURCES
- Allie K MIller's Linkedin Learning AI Course
- ChatGPT4 accurately predicts human behavior in social experiments at 85%, across genders, races, and political affiliations.
- AI Adoption Is Driving Real Top - And Bottom-Line Impact For Enterprises (Gartner)
- Gen AI is hitting a trough of disillusionment (Gartner Hype Cycle)
- A new AI Pendant created to combat loneliness
- AI-first organizations
- More departures at OpenAI
- OpenAI's GPT-5 is coming out soon. Here's what to expect.
FAVORITE QUOTES
- “Although we are talking about partnership amongst the organization, by the end of day, is a partnership in between humans.” – Xiaochen Z
- “Technology, for me, is not never is a battle good. It's really in a human hand. And then we have a role to just make the good.” – Xiaochen Z
- “I think we are at this stage for AI, and if we want that technology really generates a result benefit humans, and then technology will not just fail us, we can just make sure this is in good hands, and then benefit of humanity.” - Xiaochen Z
- “I definitely think that the tech itself can answer things and do things that are unimaginable to make life better.” – Nathan Chappelle
- “It's not the technology, I worry more about people.” – Nathan Chappelle
- “We can look back at the environment and know what inaction caused. We can look at social media, know what inaction caused.” – Nathan Chappelle
- “We need to find a way to work smarter, not harder, to essentially leave humanity in a better place, but we have to do it in a way that is responsible.” – Nathan Chappelle
- “What we're seeing in most developed nations is a decline in civic participation, just essentially people who look up from their phone and look around at the needs of the world and want to make a difference.” – Nathan Chappelle
- “The world has this magical way of bringing people together, like-minded people, and doing good work.” – Nathan Chappelle
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.