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This is a short talk by Tom Kalil, CEO of the new Renaissance Philanthropy. Kalil was one of a dozen remarkable innovators who spoke at an event which addressed the question “How Can AI Accelerate Progress in the Bio World?” The event was part of a series of events called The AI Age Begins and was held at the Shack15 club in the Ferry Building of San Francisco in June of 2024. The series is hosted, created, and produced by Reinvent Futures. Summary: Tom Kalil discusses the potential for modern philanthropy to drive a 21st-century renaissance through advances in science and technology. Highlighting the low percentage of wealth currently allocated to philanthropy by wealthy families, Kalil emphasizes the untapped potential for greater contributions. He focuses on the use of AI and machine learning to accelerate scientific research, citing DeepMind's success with AlphaFold as an example of leveraging the "common task framework" — a well-defined problem, large dataset, benchmark for progress, and a leaderboard. Kalil argues that philanthropy can play a critical role in creating and sharing high-quality datasets, which are essential for breakthroughs in healthcare and biology. He calls for collaboration between philanthropists and researchers to identify impactful datasets and ensure their availability to accelerate scientific progress. Summary created by AI You can find out more about The AI Age Begins series of events through the written essays in the Substack publication The Great Progression here: https://peterleyden.substack.com You can find out more about the strategic foresight company Reinvent Futures that hosted, created and produced the events here: https://www.reinvent.net