WASHINGTON – April 21, 2021 – BSA | The Software Alliance offered the following statement on today’s introduction of the Endless Frontier Act by Majority Leader Chuck Schumer and Senator Todd Young.

“America’s long-term national security and economic interests depend upon retaining leadership in the development of cutting-edge technologies. At a time when global competitors are seeking advantages through increased investments in R&D, it’s a critical time for the US to update its strategy to ensure it retains its lead,” said Craig Albright, Vice President, Legislative Strategy at BSA | The Software Alliance. “Through strategic investments to spur the development of the technologies of the future – including 5G, AI, and quantum computing – the Endless Frontier Act takes a forward-looking approach to help ensure the US remains the global hub for innovation. This is a great step towards increased investments in AI, and at the same time government and industry can work together to foster public trust in the technology. NIST’s work to develop a National AI Risk Management Framework will go a long way towards identifying best practices for mitigating potential risks in AI systems.”

To read more about BSA’s priorities in AI, find our 2021 Policy Agenda here.