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Rep. Pete Olson (R-TX): Artificial Intelligence Will Add $17 Trillion to World's Economy

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While touting the importance of alternate forms of higher education, House A.I. Caucus Co-Chair Rep. Pete Olson (R-TX) said it's important that we embrace the changes Artificial Intelligence will bring to our world. The technological advances, Olson says, could add $17 trillion to the world's economy in 10 years.


Chairwoman Johnson and Ranking Member Lucas Introduce National Artificial Intelligence Initiative Act of 2020 House Committee on Science, Space and Technology

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This legislation would accelerate and coordinate Federal investments and facilitate new public-private partnerships in research, standards, and education in artificial intelligence, in order to ensure the United States leads the world in the development and use of responsible artificial intelligence systems. "The United States must act now to cement our global leadership in artificial intelligence and ensure the development and adoption of trustworthy AI systems," said Chairwoman Johnson. "We can accomplish this by accelerating our investments in research, development, and the education and training of an AI workforce, all governed by principles of ethics, safety, security, fairness, and transparency. That is exactly what H.R. 6216 seeks to do. I want to thank Ranking Member Lucas for joining me in the development and introduction of this important legislation and the many stakeholders who advised us during its development."