This week, the U.S. Department of Commerce announced that it would form a committee that wouldadvise
The creation of a committee is associated with an increase infederal spending on artificial intelligence technologies during the pandemic. Federal spending on AI rose to nearly $ 1 billion in 2020, according to Deltek's GovWin, making it one of the fastest growing areas for new technology investment. While this figure is not in line with estimates - Bloomberg predicted that in 2021 the United States will allocate more than $ 6 billion to R&D projects related to artificial intelligence.
Former Google CEO Eric Schmidtis one of those urging lawmakers to increase funding for AI while encouraging public-private partnerships to develop AI applications in government agencies. The National Security Commission on Artificial Intelligence estimates that the US needs to spend $ 32 billion over the next few years to win the AI race with China. To that end, President Joe Biden proposed spending 2% of total U.S. output - or GDP - on science, up from about 0.7%. That equates to roughly $ 418 billion of last year's GDP, up from roughly $ 146 billion.
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