We are entering the era of artificial intelligence—how should we get ready for it?

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If the US were to draw up a new AI master plan, what should it aim to do? Funding AI research is the biggest priority, says Jason Furman, one of Obama’s top economic advisors.

While AI can drive economic growth, it may also accelerate the eradication of some occupations, transform the nature of work in other jobs, and exacerbate economic inequality (see “The relentless pace of automation”). It is critical that governments prepare for this transformation.

Another key consideration should be attracting and holding onto talented AI experts. The US has a long history of drawing the top academic talent, and this has fed directly into industry.

Education should be a key part of the picture. New AI scientists will fuel the industry, but broader AI expertise across different industries is also an important goal.

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It may also be important to consider new challenges that might arise as a result of AI. A report authored recently by academics and industry experts speculates about ways that AI could be misused by criminals, terrorists, or foreign governments.

Above all, the government needs to understand what AI is and what it will do. Since artificial intelligence is such a complex and fast-moving field, it is especially important for experts to be brought in to brief policymakers and the administration.

Read full, original post: Here’s how the US needs to prepare for the age of artificial intelligence

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