The Windfall Clause is a proposed mechanism by which AI firms could commit to donate a significant amount of any eventual extremely large profits. The idea was first proposed by Nick Bostrom,[1] and subsequently developed by the Centre for the Governance of AI.
Further reading
O’Keefe, Cullen (2019) Cullen O’Keefe: The Windfall Clause — sharing the benefits of advanced AI, Effective Altruism Global, June 23.
O’Keefe, Cullen et al. (2020) The Windfall Clause: Distributing the benefits of AI for the common good, Centre for the Governance of AI, Future of Humanity Institute, University of Oxford.
O’Keefe, Cullen et al. (2020) The Windfall Clause: Distributing the benefits of AI for the common good, Proceedings of the AAAI/ACM Conference on AI, Ethics, and Society, pp. 327–331.
Related entries
AI governance | antitrust law | law | Superintelligence | transformative artificial intelligence
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Bostrom, Nick (2014) Superintelligence: Paths, Dangers, Strategies, Oxford: Oxford University Press, p. 254.