U.S. Government's Soaring Artificial Intelligence Investments Led by the Department of Defense
In a startling revelation by the Brookings Institution, a prominent think tank based in Washington D.C., the U.S. government spending on artificial intelligence (AI) has witnessed an unprecedented surge in the past year. The primary driver behind this dramatic upsurge is pointed out to be the heightened military investments in AI technology. The data disclosed in the report indicates a nearly 1,200% increase in the potential value of AI-related federal contracts, escalating from $355 million in the year leading up to August 2022, to a staggering $4.6 billion in the subsequent year up to August 2023.
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