Artificial Intelligence Executive Order

Executive Order Looks to Make Nation's Artificial Intelligence Develop Quicker

The President signed an executive order on February 11th that doesn’t provide any funding for artificial intelligence (A.I.) research and development but instead instructs agencies to allocate funds in their 2020 budget requests for A.I. The piece of legislation seeks to make A.I. a national priority by promoting investment in its research and development, improving access to federal data on the subject, reducing barriers to A.I. implementation, ensuring cybersecurity, training the next generation of scientists, and developing a national action plan.

Despite the ambitious scope of the order, Congress would still have to appropriate the necessary money to ensure the program’s success. Democratic Senator Mark Warner of Virginia criticized the initiative for not providing “concrete guidance” regarding utilization of A.I. for nefarious purposes. Bipartisanship could prevail on the issue, however, as the order stems from an A.I. task force that in turn originated from a strategy developed during the Obama administration.

Until Next Time,

Benefits Ben, STWS

**Written by Benjamin Derge, Financial Planner. The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Benjamin Derge and not necessarily those of RJFS or Raymond James. Links are being provided for information purposes only. Expressions of opinion are as of this date and are subject to change without notice. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors.

Artificial Intelligence Executive Order

Artificial Intelligence in the Federal Government