AI Ecosystem

Stanford Institute Calls for $120 Billion Investment in U.S. AI Ecosystem

The Stanford University Institute for Human-Centered Artificial Intelligence is calling for the U.S. government to make a $120 billion investment in the nation’s AI ecosystem over the course of the next 10 years. The report calls efforts by the Trump administration, like the call for near $1 billion in U.S. non-defense research and development spending in 2020, “encouraging, but not nearly enough.”

The national AI vision report specifically calls for $2 billion in annual spending to support entrepreneurs and expand innovation, $3 billion on education, and $7 billion on interdisciplinary research to discover breakthrough advances in the field.

The report was written by center directors John Etchemendy and Dr. Fei-Fei Li, and it calls underfunding of AI a threat to U.S. global leadership and a “national emergency in the making.”

Li is a leader at the Stanford Computer Vision Lab, creator of ImageNet, and until last year, served as chief AI scientist for Google Cloud.

Report authors assert that failure to take decisive action could also upend the global economy.

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