Analysis The Technology 202: Venture capitalists balk at proposed export limits on AI, quantum computing

A live demonstration uses artificial intelligence and facial recognition in dense crowd spatial-temporal technology at the Horizon Robotics exhibit at the Las Vegas Convention Center during CES 2019 in Las Vegas on January 10, 2019. Venture capitalists are warning the Trump administration not to overly restrict the export of new technology such as artificial intelligence -- insisting that could make it much harder for American start-ups to sell their products abroad. The Commerce Department is considering whether to slap tighter export controls on a long list of new technologies, including AI and quantum computers, to prevent U.S. technology from falling into the hands of foreign adversaries. But the National Venture Capital Association, in public comments on the potential rule last week, voiced concerns that the list of technology the government defines as critical to national security is far too broad. The venture capitalists only want to see the department limit the export of technology specific to defense -- not a whole category of technology so broad it could include consumer products such as self-driving cars and voice assistants.