White House Creates AI Committee, Favors Light Regs, Education

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The move underscores the White House's priorities in supporting the tech's development.

The White House plans to convene a meeting on Thursday on the future of artificial intelligence in USA industry with major companies including Facebook Inc., Amazon.com Inc., Google parent Alphabet Inc. and Oracle Corp.as well as senior government officials.

"As artificial intelligence transforms everything from agriculture to manufacturing to transportation, the potential for AI remains breathtaking", Kratsios said in prepared remarks. "We didn't regulate flight before the Wright Brothers took off at Kitty Hawk". A report last month from the U.S. Congressional Research Service described China as a "leading competitor" in using AI to develop military applications, including autonomous vehicles and computer systems that can make faster and better-informed decisions.

The White House is hosting the "Artificial Intelligence for American Industry" event Thursday.

In a bid to overtake the U.S., the Chinese government has made a 10-fold increase in AI output a national priority for coming years, and many local companies are deploying machine-learning systems to update banking services, identify faces in crowds and control drones.

The meeting, which The Washington Post reported earlier, comes as lawmakers and officials increasingly weigh AI's effect on jobs, and the build-up by US adversaries including China.

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They get extra help with tough topics during an advisory period, he said, and the school places a premium on parent involvement. News based the rankings on data from the 2015-16 school year. "We selected schools that outperformed their state averages".

"It's been a huge missed opportunity up until this point", said Robert Seamans, a White House economist during the Obama administration who now teaches at the NYU Stern School of Business.

The administration also prioritized AI research investments in its fiscal 2019 federal research and development budget.

Arvind Krishna, senior vice-president and director of IBM Research who attended the meeting, said in a statement that he emphasised that AI should be able to explain the predictions and determinations it reaches "so people can trust it". Still, many in the industry believe both regulation and legislation are likely years away. Kratsios said that "to a certain degree, job displacement is inevitable", but the U.S.

A year ago, Treasury Secretary Steven Mnuchin brushed aside concerns about AI displacing jobs, saying that prospect was so far in the future that "it's not even on my radar screen". STEM refers to a group of academic disciplines comprising science, technology, engineering and mathematics.

Dean Garfield, CEO of the Information Technology Industry Council, says it's been disappointing not to have more of a national movement around AI. Google, Amazon, Facebook and Microsoft are among dozens of tech firms attending.