Senators urge $32 billion in emergency spending on AI after finishing yearlong review

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Senators urge $32 billion in emergency spending on AI after finishing yearlong review
Mike RoundsCharles SchumerTodd Young
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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 also put safeguards around it.

Alphabet CEO Sundar Pichai speaks at a Google I/O event in Mountain View, Calif., Tuesday, May 14, 2024. – 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 developaround 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.

“This is a time in which the dollars we put into this particular investment will pay dividends for the taxpayers of this country long term,” he said. Young said the development of ChatGPT, along with other similar models, made them realize that “we’re going to have to figure out collectively as an institution” how to deal with the technology.

The first forum in September included Elon Musk, CEO of Tesla and owner of X, Meta’s Mark Zuckerberg, former Microsoft CEO Bill Gates and Google CEO Sundar Pichai.

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