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Chuck Schumer-led Group Calls for $32 Billion Emergency Spending on AI Over the Next Three Years…

Posted on the 15 May 2024 by Phil's Stock World @philstockworld

By MARY CLARE JALONICK, THE ASSOCIATED PRESS

A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and place safeguards around it, writing in a new report released Wednesday that the U.S. needs to "harness the opportunities and address the risks" of the quickly developing technology.

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