25.9.15
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Government Strategies and Investment for AI

Wendy Fairfield

As all levels of government seek ways to harness the benefits of artificial intelligence ( AI ) and mitigate its potential risks, the need for an overall national strategy to foster innovation, competitiveness, and economic growth becomes clearer.

At the federal level, the Office of Management and Budget (OMB) issued a memo in March providing guidance for agencies to establish AI governance and risk management techniques while implementing innovative uses for their own organizations, including steps to enable sharing and reuse of AI models, code, and data. There is an ongoing inventory of federal AI use cases to document how agencies are following the guidance and implementing AI to meet their unique missions. And the Technology Modernization Fund has begun awarding investment funding to AI projects.

Issued on

August 1, 2024

Expires on

Does not expire