Tuesday, April 2, 2019
The American AI initiative will stimulate investment in AI infrastructure while ensuring that government regulations are met, stated Sriram Chakravarthy, chief technology officer and co-founder of Avaamo, a deep learning company.
"The AI market is growing exponentially, not just in Silicon Valley but around the world, and plenty of people are hard at work dreaming up the next phase of AI technology," Chakravarthy said. "It will make a dent in implementation as some businesses reluctant to adopt AI will be more likely to dive in, now that it's being championed at the highest levels of government."
The American AI initiative includes five core areas of focus:
While noting U.S. leadership in AI research, development, deployment and innovation, the executive order called for protecting America's critical infrastructures, economic interests and values, such as safety, security, privacy and confidentiality.
Chakravarthy pointed out that advanced technologies are deeply embedded in the infrastructures that they were designed to protect. "I think a better way to look at this is to recognize that advanced technologies are becoming the bulwark of critical infrastructure," he stated. "Huge companies like Google and IBM have embraced artificial intelligence. Your mother or daughter talks to Alexa to ask for weather reports or music. An enormous amount of personal information and classified business and government information is touched by AI every second."
It is crucial for organizations to embrace stringent security when implementing AI technology, Chakravarthy noted. This means best-in-class security and compliance, data encryption and following stringent PII protection policies and compliance with PCI, FINRA, and HIPAA regulations.
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