President Joe Biden’s ambitious plan to invest in artificial intelligence (AI) is facing an uncertain future as it runs into opposition from Republicans, who have raised concerns about the cost and scope of the legislation..
The American AI Initiative Act, which Biden unveiled in October 2021, would provide $26 billion over five years to fund research and development in AI technologies. The bill would also create a new National AI Research Institute and establish a new Office of AI within the White House..
However, Republicans have expressed concerns about the cost of the bill, as well as its potential impact on the economy. They have also argued that the bill gives the government too much control over the development of AI..
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