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DC just got serious about taking on China in the AI ​​arms race

  • A bipartisan Senate group is calling for $32 billion in annual federal spending on AI.
  • The group wants to make sure the United States stays ahead of China, which is also spending a lot of money on AI.
  • Senator Chuck Schumer, the group’s leader, said the money would “cement US dominance in AI.”

A bipartisan group of US senators wants to spend billions of dollars on a plan to dominate artificial intelligence.

Senate Majority Leader Chuck Schumer and three other senators who assembled an AI task force released their initial report Wednesday.

It is a policy roadmap that calls for $32 billion in annual federal spending on AI for non-military purposes. This money, they said, would be spent on research and development, reducing the potential harms of AI, managing its potential impact on elections and employment, and ensuring that systems of ‘IA respects the laws in force.

They also said it would help the United States compete with China in the AI ​​arms race.

Schumer said at Wednesday’s press conference that the influx of cash would “keep our businesses, our universities, our workers at the cutting edge and solidify America’s dominance in AI.”

Republican Sen. Mike Rounds, a member of the task force, said at the news conference that the Chinese government now spends far more on AI than the U.S. government. According to China Daily, Chinese investments in AI are expected to exceed $38 billion by 2027. China also far surpasses the United States in terms of AI patents, according to the Stanford Institute for AI. human-centered artificial intelligence.

President Joe Biden has also pushed for the United States to lead the development of this revolutionary technology. “The rest of the world expects us to lead the way,” he said at a meeting in October.

Later that month, Biden signed an ambitious executive order that set new standards for AI safety and security and called for greater transparency from big tech companies.

In April, the U.S. Department of Homeland Security also created a federal advisory council of tech industry leaders, including OpenAI’s Sam Altman, Nvidia’s Jensen Huang and Microsoft’s Satya Nadella, to oversee the deployment of the AI in infrastructure.

businessinsider

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