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Budget proposal aims to outcompete China and boost AI safety

June 27, 2024 | Energy and Commerce: House Committee, Standing Committees - House & Senate, Congressional Hearings Compilation, Legislative, Federal


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Budget proposal aims to outcompete China and boost AI safety
In a recent government meeting, officials outlined a comprehensive budget proposal aimed at bolstering national security and technological leadership, particularly in the face of growing competition from China. The proposed budget totals $223 million, marking a $32 million increase for the Bureau of Industry and Security (BIS) to enhance export control enforcement. Additionally, $5 million is earmarked for the International Trade Administration (ITA) to mitigate risks associated with outbound investments in technologies that could bolster China's military capabilities.

Key components of the budget focus on artificial intelligence (AI), with a request for $61.6 million dedicated to research and development aimed at ensuring AI safety. This funding will support the implementation of President Biden's AI executive order and the establishment of the AI Safety Institute, which is tasked with developing guidance for responsible AI innovation. Furthermore, $8.9 million is allocated to BIS to gather intelligence on potential threats to national security from entities attempting to develop advanced AI models using U.S. cloud infrastructure.

The budget also emphasizes the need for resilient supply chains, advocating a shift from reactive to proactive strategies. It includes funding for the Manufacturing USA program and the establishment of a supply chain resiliency office within ITA. The proposal highlights the importance of strengthening alliances and advancing shared values to effectively compete with China, with $379 million set aside for ITA to expand U.S. exports and services in foreign markets.

In addition to these initiatives, the budget proposes over $400 million for fundamental research infrastructure improvements at key agencies, including the National Institute of Standards and Technology (NIST) and the National Oceanic and Atmospheric Administration (NOAA).

Officials stressed the necessity of Congressional support to realize these investments, emphasizing the importance of efficiency in utilizing taxpayer dollars while aiming to support American workers and businesses. The meeting concluded with a recognition of the economic challenges facing families, underscoring the urgency of these proposed measures in a time of inflation and uncertainty.

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