White House reportedly aims to double AI research budget to $2B
White House | February 08, 2020
The White House is pushing to dedicate an additional billion dollars to fund artificial intelligence research, effectively doubling the budget for that purpose outside of Defense Department spending, Reuters reported today, citing people briefed on the plan. Investment in quantum computing would also receive a major boost. The 2021 budget proposal would reportedly increase AI R&D funding to nearly $2 billion, and quantum to about $860 million, over the next two years. The U.S. is engaged in what some describe as a “race” with China in the field of AI, though unlike most races this one has no real finish line. Instead, any serious lead means opportunities in business and military applications that may grow to become the next globe-spanning monopoly, a la Google or Facebook — which themselves, as quasi-sovereign powers, invest heavily in the field for their own purposes.