Government Strategies & Investment for AI

As all levels of government seek ways to harness the benefits of artificial intelligence ( AI ) and mitigate its potential risks, the need for an overall national strategy to foster innovation, competitiveness, and economic growth becomes clearer.

At the federal level, the Office of Management and Budget (OMB) issued a memo in March providing guidance for agencies to establish AI governance and risk management techniques while implementing innovative uses for their own organizations, including steps to enable sharing and reuse of AI models, code, and data. There is an ongoing inventory of federal AI use cases to document how agencies are following the guidance and implementing AI to meet their unique missions. And the Technology Modernization Fund has begun awarding investment funding to AI projects.

Learning Objectives:

• Outline the role of the Chief AI Officer (CAIO) in federal departments and agencies, and how that position is shaped by the unique mission of each organization
• Review the status of establishing an overall federal strategy for the development and use of AI, both regulatory and statutory
• Delineate current best practices for developing and implementing AI use cases in agencies