This story is interesting; however, I must admit, I am most surprised by the âup to $10 millionâ figure. I had assumed the US would allocate significantly more funds for this. For comparison:
The UK safety institute is expected to spend over ÂŁ100 million (128m+ USD) during the first two years, if I understand correctly.
The EU AI Office (while serving a slightly different role, yet with considerable overlap) will likely spend âŹ46.5 million (50m+ USD) annually.
This story is interesting; however, I must admit, I am most surprised by the âup to $10 millionâ figure. I had assumed the US would allocate significantly more funds for this. For comparison:
The UK safety institute is expected to spend over ÂŁ100 million (128m+ USD) during the first two years, if I understand correctly.
The EU AI Office (while serving a slightly different role, yet with considerable overlap) will likely spend âŹ46.5 million (50m+ USD) annually.
What am I overlooking?