BRN 4.26% 24.5¢ brainchip holdings ltd

2021 BRN Discussion, page-4763

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    http://www.nationaldefensemagazine.org/articles/2021/3/1/national-security-commission-on-ai-releases-final-report
    http://twitter.com/ericschmidt?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
    http://www.cnbc.com/2021/03/31/biden-infrastructure-plan-to-raise-taxes-on-global-corporations.html
    http://www.c4isrnet.com/artificial-intelligence/2021/03/31/bidens-infrastructure-plan-includes-billions-to-develop-emerging-tech-the-military-needs/
    "

    President Biden's $2T infrastructure plan contains $180B dedicated to “R&D and industries of the future.” The federal investment would likely go toward innovations in artificial intelligence, quantum computing, and specialized chips for powering AI and other applications, plus other emerging technologies.

    More:

    • Broken down, $50B is earmarked for the National Science Foundation and $40B toward upgrading research labs, including those with advanced supercomputers and quantum computers.
    • $25B would go toward efforts to combat racial and gender inequalities in research funding access, and $35B toward cleantech and climate science.
    • The plan addresses concerns among lawmakers that a lack of R&D investment could see the U.S. fall behind China in tech innovation.
    • Technology is critical" to both economic competitiveness and national security, the plan states. The U.S. is among a handful of countries where R&D investment (as a percentage of GDP) has declined in the last 25 years.
    • Investments in AI/emerging technologies would also improve weapon systems to assist military endeavors.
    • The U.S. should dedicate more money, especially toward AI R&D, to reach $32B per year by 2026, according to the National Security Commission on Artificial Intelligence and its chair, Eric Schmidt.
    • The American Jobs Plan would be financed over 15 years through a corporate tax increase to 28%.
    "
 
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