Congress Urges Tech Giants to Foot the Bill for AI Training Data – But Will it Compute?
“Congress Wants Tech Companies to Pay Up for AI Training Data”
“Congress in recent years has fallen in love with the idea of boxing out China by boosting US tech research. But a little-noticed provision in this year’s defense policy bill would inject billions into American tech companies to effectively pay them for something they get a lot for free: the data they use to train artificial intelligence algorithms.”
Time to throw a party, tech giants! Considering how in recent times, many politicians are developing a fondness for stimulating US tech research in a bid to sideline China, this year’s defense policy bill may just be serving the cake of hundreds of millions. Baked with the ingredient of AI training data that your corporations scoop up without a dime, this present from Congress is something to relish.
Apparently, the provision’s appeals were so irresistible that even Big Tech and its congressional allies couldn’t turn a blind eye. For them, it was the magical golden ticket to a shimmering billion dollars. Supposedly, expanding federal spending on research and development, are we? Brilliant! And why not? After all, the US has basically become a tech circus with Big Data tamers and AI whisperers.
The growing romance between Congress and innovative technology is no secret, but it seems the affair is reaching new levels of passion within legislation. Imagine receiving big bucks for something that we generously feast on for free: Data! Yes, indeed, Washington is preparing to spend your hard-earned taxpayer dollars to reward tech companies for their insatiable appetite for data, which ultimately fuels their Artificial Intelligence machines.
So, let’s pause for a moment and extend our hearty congratulations to these tech corporations. After all, who doesn’t love a good, old government bailout? However, the question remains: is this, in fact, the most beneficial allocation of ‘We, the People’s’ financial resources?
On the brighter side, this governmental romance might turn out to be beneficial for AI research and development in the United States. Of course, the defensive bill’s implications need to be carefully evaluated. Safety issues, algorithmic bias, and privacy concerns can’t be brushed under the carpet.
So there you have it. The Congress decides to go whimsical in their gestures, rendering post-Valentine’s, pre-Christmas surprises to our beloved tech giants. Hands outstretched, they wait to feel the weight of this announced windfall. After all, data is the new oil. And no one said politics was ever averse to oil, right?