A bipartisan group of U.S. senators is calling for increased funding for artificial intelligence research to prevent the U.S. from falling behind China. They are specifically focusing on generative AI, which has the potential to render many jobs obsolete.
Key Points
Bipartisan group led by Schumer calling for $32 billion annual spending on AI research
Focus on generative AI technology which can create text, photos, and videos in response to prompts
Importance of outcompeting China in AI development
Pros
Focus on advancing AI technology in the U.S.
Potential to create new opportunities for innovation and economic growth
Cons
Concerns about job displacement due to advancing AI technology