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Trump announces artificial intelligence push.

As President Trump gets set to sign an executive order directing federal agencies to prioritize research and development in artificial intelligence, tech giants such as Google, Microsoft and others are warning about the risks AI may hold.

Nearly two years after China first laid out its plan to become the world leader in artificial intelligence by 2030, the U.S. on Monday released its own playbook.

“It’s kind of a new arms race,” said Theresa Payton, U.S. chief information officer under President George W. Bush.

According to the Trump administration, the goals of the AI Initiative are split into five key areas:

  • Research and development. Federal agencies will be asked to “prioritize AI investments” in their R&D budgets, and report how this money is spent to create a more comprehensive overview of government investment in artificial intelligence.
  • Freeing resources. Federal data, algorithms, and processing power will be made available to researchers, providing a boost in areas like transportation and health care.
  • Ethical standards. Government bodies like the White House Office of Science and Technology Policy and the National Institute of Standards and Technology (NIST) will be asked to create standards that will guide the development of “reliable, robust, trustworthy, secure, portable, and interoperable AI systems.”
  • Automation. Agencies will be asked to prepare workers for changes to the job market caused by new technology with the creation of fellowships and apprenticeships.
  • International outreach. The administration wants to work with other countries on AI development, but do so in a way that retains American “values and interests.”

Senator Marco Rubio called the initiative a “good start,” writing on Twitter: “China is the most comprehensive challenge we have faced from a near-peer adversary in over half a century. Confronting it will require a comprehensive response.”

The White House said the plan calls for “unleashing AI” by making more resources available to researchers, setting guidelines for regulations, promoting AI in education and improving US competitiveness.

How much will the AI industry be worth in 2030

Correct! Wrong!

A PwC report estimates that AI will contribute $15.7 trillion to the global economy by 2030

How vulnerable are jobs to AI in the next 15 years?

Correct! Wrong!

PwC says that 38% of U.S. jobs will be vulnerable to AI over the next 15 years.

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