In the US, AI Risks Have Become Win-Take-Most
A new study warns that the American AI industry is heavily concentrated in the San Francisco Bay Area and this could prove to be a weakness in the long run. The Bay leads all other regions of the country in AI research and investment activity, accounting for nearly one-third of the role of AI conferences, patents, and U.S. companies. Bay Area metro areas saw AI activity levels four times higher than other leading towns for AI growth.
“If you have a high percentage of all AI activity in the Bay Area meters, you can over-concentrate, lose diversity, and get groupthink of algorithmic economics. This locks in a most winning feature. in this sector, and there we hope that federal policy will start investing in new and different AI clusters in new and different areas to provide balance or counter, ”Mark Muro, director of policy at Brookings Institution and the coauthor of the study, WIRED said.
The study, titled “The geography of AI,” is in nearly 400 metro areas in the U.S. based on their AI capabilities, using metrics such as AI job listings, data to create a company. early stages from Crunchbase, published research, and federal research and development funding. It was found that two-thirds of AI activity is only in 15 meter areas, mostly along the coast: the two “superstars” in San Francisco and San Jose, plus 13 more areas that are “early adopting “such as Austin and Seattle. Currently, more than half of metro areas combined account for only 5 percent of AI activity.
The impact of AI on people’s daily lives is expected to improve as more businesses and governments adopt the technology. While automation can improve productivity-PwC foretold it will add $ 3.7 trillion to North American economies by 2030 — some economists and ethics fear that AI will also facilitate inequality and provide more wealth and power to people who are already rich and powerful. Towns with the ability to support early-stage AI development and fake talent pipelines for local businesses will reap the benefits as the AI industry continues to grow. Those that can’t be left behind, even if the increased adoption of AI can have disadvantages as well, such as loss of work from automatic.
Muro said it would be wise for the U.S. to invest in other parts of the country before trusting the region’s regional conscience.
The study identified nearly 90 U.S. cities with the potential to bring many AI -related jobs to their communities, including metropolitan cities such as Atlanta, Chicago, Detroit, and Houston, as well as several college towns such as Bloomington, Indiana, and Athens, Georgia.
Recognizing the fact that it is difficult to push the development of AI without in-depth research and investment skills, Muro and his colleague Sifan Liu urged towns to develop “highly realistic” ones. plans to support local AI. They suggested regions focus on plans to attract and retain AI talent, expand educational opportunities in community high schools and colleges, and consider breaking the tax for businesses in the AI space. .
Muro also proposed a policy that focuses on AI use cases that are important to local businesses or industries, awarded government contracts to local AI companies, and differentiated their town from others. There are many areas for AI growth beyond tech companies, as suggested by cities in the early adoption category of the study. In Lincoln, Nebraska, American Express is the largest AI employer, according to an analysis of Burning Glass data conducted as part of the study. In Los Angeles and Santa Cruz, California, cybersecurity firm Crowdstrike is at the forefront. In Washington, DC, Capital One and Booz Allen Hamilton are the top employers.
Regional leaders in places like San Diego and Louisville, Kentucky, are taking steps to assess AI needs in their respective regions.
A 2019 Brookings report predicted that Kentucky would be one of the U.S. states most affected by unemployment due to automation. In April, the Brookings Metro laid out a system for Louisville, one of the most populous cities in the state, to adapt. That report proposes a partnership with other cities in the Midwest and Southeastern U.S. on AI and data solutions for healthcare.