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2024-05-15
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Senators recommend $32 billion in emergency spending on AI to develop and regulate the technology, emphasizing the need to compete with other countries and improve Americans' quality of life.
- Bipartisan group of senators led by Chuck Schumer propose $32 billion in emergency spending on AI over three years
- Focus on developing AI and implementing safeguards to address risks
- Urgent need for regulation and incentives for innovation in AI
- Recommendations include boosting U.S. investments in AI, transparency requirements, and impact studies on jobs and the workforce
- Emphasis on competing with other countries and improving quality of life through AI technology
Tags:
emergency spending
regulation
innovation
competition
quality of life