Defense Official Calls Artificial Intelligence the New Oil

Artificial intelligence is the new oil, and the governments or the countries that get the best datasets will unquestionably develop the best AI, the Joint Artificial Intelligence Center's chief technology officer said Oct. 15. Speaking on a panel about AI superpowers at the Politico AI Summit, Nand Mulchandani said AI is a very large technology and industry. "It's not a single, monolithic technology," he said. "It's a collection of algorithms, technologies, etc., all cobbled together to call AI." The United States has access to global datasets, and that's why global partnerships are so incredibly important, he said, noting the Defense Department launched the AI partnership for defense at the JAIC recently to have access to global datasets with partners, which gives DOD a natural advantage in building these systems at scale.