White House hosts AI summit with 38 companies

Posted on Thursday, May 10 2018 @ 22:06 CEST by Thomas De Maesschalck
The Trump administration is hosting an AI summit today. At the White House, executives from 38 major U.S. companies will meet to discuss the deployment of robots, algorithms, and artificial intelligence in general. One of the talking points will be the balance between the economic and social benefits of AI, and the loss of jobs caused by these advancements.
The Trump administration intends to ask academics, government officials and AI developers about ways to adapt regulations to advance AI in such fields as agriculture, health care and transportation, according to a draft schedule of the event. And they’re set to discuss the U.S. government’s power to fund cutting-edge research into such technologies as machine learning.

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“Whether you’re a farmer in Iowa, an energy producer in Texas, a drug manufacturer in Boston, you are going to be using these techniques to drive your business going forward,” Michael Kratsios, deputy chief technology officer at the White House, said in a recent interview.
The Trump administration estimates the U.S. government invested over $2 billion in unclassified programs alone during fiscal 2017 to research and develop AI technology. More at Washington Post.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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