AI R&D and new firms are rising as shares of the U.S. total
Share of AI-related projects in federal R&D expenditures at U.S. colleges and universities, and firms providing AI solutions as share of all tech companies
Source: Brookings analysis of data from Crunchbase and Burning Glass data available via StanfordHAI 2021 AI Index
Much of the U.S. artificial intelligence (AI) discussion revolves around futuristic dreams of both utopia and dystopia. From extreme to extreme, the promises range from solutions to global climate change to a “robot apocalypse.”
However, it bears remembering that AI is also becoming a real-world economic fact with major implications for national and regional economic development as the U.S. crawls out of the COVID-19 pandemic.