The ongoing policy debate about cuts to federal research spending has largely ignored how such cuts threaten to devastate America's innovation and dominance in artificial intelligence.
Federal research investment is an essential ingredient for American dominance in the global AI ecosystem. The astonishing breakthroughs of recent years rely upon a symbiotic balance where federal funding spreads high-risk, high-reward seeds and private-sector funding nurtures the most robust developments. Together, they help American AI thrive while sustaining our nation’s economic and strategic interests. However, the recent and upcoming cuts to federal research spending pose a grave threat to this delicate balance, endangering our country's leadership in a sector projected to be worth $15.7 trillion by 2030, according to PricewaterhouseCoopers.
