The American AI Initiative: A good first step, of many – TechCrunch

And with the proliferation of an AI-driven society, the social and economic value of such technology is also on the rise. In turn, harnessing and leveraging such technology needs to extend beyond the interests of venture capitalists, investment groups and entrepreneurs -- and also be a priority on a geopolitical scale. When the global economy starts to feel the shift ushered in with mass-adoption of AI, the United States needs to be leading the charge as opposed to chasing the pack. If the U.S. is to compete on a global level, they'll face an arms race of sorts from a litany of nations that are already doubling-down on the massive advantages that come with national AI proficiency. In fact, 18 different countries have launched national AI strategies, with government funding ranging from $20 million to almost $2 billion.