Schumer Calls for $32B Annually in Federal AI Nondefense Funding
The U.S. needs to spend at least $32 billion annually in nondefense money to maintain its lead in AI innovation, Senate Majority Leader Chuck Schumer, D-N.Y., said on the Senate floor Wednesday. Schumer offered key takeaways from his latest all-Senate…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
AI forum, which he hosted Tuesday (see 2310240057). He noted the $32 billion estimate came from the National Security Commission on AI’s 2021 report. “Just about everybody in the room” at Tuesday’s forum “agreed that $32 billion is really a floor, not a ceiling,” said Schumer. “So, we're going to need -- if we want to stay No. 1 in AI, if we want to get our arms around it, if we want to make sure the good is maximized and the bad is minimized -- we're going to need significant federal dollars.”