The White House on U.S. Senate’s Passage of the CHIPS and Science Act

WASHINGTON—Today the Senate passed an historic bill that will lower costs and create jobs.  As Americans are worried about the state of the economy and the cost of living, the CHIPS bill is one answer: it will accelerate the manufacturing of semiconductors in America, lowering prices on everything from cars to dishwashers.  It also will create jobs – good-paying jobs right here in the United States.

ICYMI | bdpatoday® 07.23.22

It will mean more resilient American supply chains, so we are never so reliant on foreign countries for the critical technologies that we need for American consumers and national security. I want to thank Senators in both parties for their hard work on this legislation.

For decades, some “experts” said we needed to give up on manufacturing in America.  I never believed that.  Manufacturing jobs are back. 

Thanks to this bill, we are going to have even more of them.  The House should promptly pass it and send this bill to my desk.

The White House


A D V E R T I S E M E N T

Accelerating America’s Leadership in Artificial Intelligence

“Continued American leadership in Artificial Intelligence is of paramount importance to maintaining the economic and national security of the United States.”

President Donald J. Trump

The White House logo

WHITE HOUSE (02.11.19) — In his 2019 State of the Union address, President Trump stressed the importance of investing in the cutting-edge Industries of the Future. Emerging technologies are driving the creation of the Industries of the Future, and none more so than artificial intelligence (AI). AI technologies are transforming nearly every area of our lives, from transportation to healthcare to education to security. Even now at the earliest stages of commercializing these technologies, we have seen the power and potential of AI to support workers, diagnose diseases, and improve our national security.

Americans have profited tremendously from being the early developers and international leaders in AI. However, as the pace of AI innovation increases around the world, we cannot sit idly by and presume that our leadership is guaranteed. We must ensure that advances in AI remain fueled by American ingenuity, reflect American values, and are applied for the benefit of the American people.

The American AI Initiative 

Today, President Trump is doing just that by signing an Executive Order launching the American AI Initiative. This Initiative will focus the resources of the Federal government to develop AI in order to increase our Nation’s prosperity, enhance our national and economic security, and improve quality of life for the American people. This initiative takes a multi-pronged approach to accelerating our national leadership in AI, and includes five key areas of emphasis:

1. Investing in AI Research and Development (R&D)

The initiative focuses on maintaining our Nation’s strong, long-term emphasis on high-reward, fundamental R&D in AI by directing Federal agencies to prioritize AI investments in their R&D missions. These investments will strengthen and leverage America’s unique and vibrant R&D ecosystem of industry, academia, and government, and prioritize Federal AI spending on cutting-edge ideas that can directly benefit the American people.

2. Unleashing AI Resources

The initiative directs agencies to make Federal data, models, and computing resources more available to America’s AI R&D experts, researchers, and industries to foster public trust and increase the value of these resources to AI R&D experts, while maintaining the safety, security, civil liberties, privacy, and confidentiality protections we all expect. This action will drive our top-notch AI research toward new technological breakthroughs and promote scientific discovery, economic competitiveness, and national security. These efforts will work in concert with the President’s Management Agenda and implementing the Open, Public, Electronic, and Necessary, (OPEN) Government Data Act.

3. Setting AI Governance Standards

As part of the American AI Initiative, Federal agencies will foster public trust in AI systems by establishing guidance for AI development and use across different types of technology and industrial sectors. This guidance will help Federal regulatory agencies develop and maintain approaches for the safe and trustworthy creation and adoption of new AI technologies. This initiative also calls for the National Institute of Standards and Technology (NIST) to lead the development of appropriate technical standards for reliable, robust, trustworthy, secure, portable, and interoperable AI systems.

4. Building the AI Workforce

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To prepare our workforce with the skills needed to adapt and thrive in this new age of AI, the American AI Initiative calls for agencies to prioritize fellowship and training programs to help American workers gain AI-relevant skills through apprenticeships, skills programs, fellowships, and education in computer science and other growing Science, Technology, Engineering, and Math (STEM) fields. This action will help educate the AI R&D workforce our Nation needs to create and embrace new AI technologies.

5. International Engagement and Protecting our AI Advantage

Capitol domeThe Trump Administration is committed to promoting an international environment that supports AI R&D and opens markets for American AI industries while also ensuring that the technology is developed in a manner consistent with our Nation’s values and interests. Federal agencies will also develop and implement an action plan to protect the advantage of the United States in AI and technology critical to United States national and economic security interests against strategic competitors and foreign adversaries.

The American AI Initiative is accelerating our Nation’s leadership in AI. By driving technological breakthroughs in AI, breaking barriers to AI innovation, preparing our workforce for the jobs of the future, and protecting America’s advantage in AI we are ensuring that AI technologies continue to improve the lives of our people, create jobs, reflect our Nation’s values, and keep Americans safe at home and abroad.

— Source: The White House

A D V E R T I S E M E N T

 

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TECH & The Trump Presidency

Markets think a ‘Trillion-dollar’ technology and infrastructure stimulus may be imminent


WASHINGTON
(bdpatoday)—President-elect Trump’s victory signaled widespread uncertainty and discontent surrounding economic opportunities, something which CNBC states several technology executives recently suggested their technology eventually will help to address. For example, leaders at these companies reminded employees that eBay‘s marketplace empowers buyers and sellers, LinkedIn‘s tools help people connect or find jobs, and Apple‘s devices connect people.

Microsoft CEO Satya Nadella reminded people in one of his LinkedIn posts that our world is witnessing democracy in action and linked to his company’s blog with recommendations for the next administration and the next Congress. According to CNET’s Marguerite Reardon, here is what little we may know about President-Elect Trump’s stand on a few important technology issues.

Net neutrality

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Net neutrality became a relatively big deal in our 2008 election, but little was said during this election cycle about last year’s policy.Net neutrality is the idea that all traffic on the internet should be treated equally. This means our broadband providers, which control our access to the internet, can not block nor slow down services or applications we use via the web.

We know Trump is not a fan of the FCC’s current regulations. It is very possible that an FCC led by Republicans could eliminate all or part of the rules and strip the FCC of some of its authority. Should that happen, broadband providers could create so-called ‘fast lanes’ and pass charges to Internet companies, like Netflix, different rates to deliver content and their services. Loosening regulations around telecom likely will benefit broadband and wireless carriers. The NCTA, an Internet and Television Association which lobbies for the cable industry, said it is eager to work with President-elect Trump.

Industry consolidation and broadband

President-elect Trump also seems to have taken a populist view against mergers and acquisitions (M&As). That could spell trouble for big pending mergers, including AT&T’s $85 billion takeover of entertainment giant Time Warner. When that deal was announced last month, President-elect Trump vowed to block this merger if he was elected.  AT&T’s executives still like their chances of inking this deal if approved by the U.S., pointing to “investing in infrastructure” statements President-elect Trump recently made in his victory speech.

 

Encryption and cybersecurity

CNET reports the president-elect has only made vague statements about privacy and security, and downplayed Russia’s alleged hacking into the Democratic National Committee (DNC) and Secretary Clinton’s campaign email servers. Nonetheless, when our Justice Department haggled with Apple over unlocking the iPhone of a terrorist suspect in

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the San Bernardino shooting, he then called for a boycott of Apple’s products. What he has said about cybersecurity is that there should be a review of US cyber defenses by a “Cyber Review Team.”

STEM education

Experts who have reviewed President-elect Trump’s economic agenda suggest that deficits will explode, which could eventually lead a Republican Congress to slash budgets. This could mean heavy cuts to funding for science programs and education, which runs counter to the tech industry’s call for more tech-savvy workers in today’s digital age and software-defined ecosystems.

hscc-se16eMoreover, President-elect Trump publicly supported views that are not backed by the scientific community. He has repeated unfounded connections between vaccinations and autism and dismissed reports of climate change as a myth perpetuated by the Chinese to undermine our economy.

He appealed to voters in coal country by supporting energy policies that encourage the use of more fossil fuels and downplayed investments in renewable energy, like solar. Donald Trump also has said he would “cancel” the Paris climate agreement, the United Nations deal to curb greenhouse gases and fund adaptations to climate change, which worries many scientists.

H-1B visas and immigration

Immigration has been one of the hallmark issues of President-Elect Trump’s campaign, but most of his suggested policies center on what his administration would do to reduce illegal immigration. When it comes to legal immigration of skilled workers, he wants to increase pay for people holding H-1Bs as part of a plan to steer more opportunities to unemployed native and immigrant workers. This due largely in part some still consider H-1B visa holders a much cheaper source for highly skilled and technical labor for domestic U.S. corporations.

Tax policy

The biggest boost to the tech industry may ultimately come from President-elect Trump’s plans to lower corporate tax rates encouraging corporations to repatriate two trillion dollars of foreign profits parked overseas and reinvest their money in the United States.

stem-bdpaCNET reports there’s a good chance that money could be invested in the U.S., said Rob Atkinson, president of the Information Technology & Innovation Foundation (ITIF). But this is not a given. In the past, when the US allowed American companies to bring in profit earned overseas, we had hoped these firms would hire more workers. Instead, most of the money went to executives and shareholders.

President-elect Trump also has called for high import taxes on products, which could drive up prices for consumers on tech goods. Last January, Trump stated in one of his stump speeches, “We are going to get Apple to build computers and things in this country instead of in other countries.” Declining to comment on Trump’s statements at that time, Apple designs its products at its Silicon Valley headquarters, but uses a Chinese contractor to build them. If Apple products were manufactured in the US, the price of an iPhone could rise to as much as $900 per unit to offset worker wages versus the $650 cost of an iPhone today.

Could slashing corporate taxes to provide workforce development and mentor-protégé incentives help train more college, vocational tech, and high school students to build computers  and mobile devices with original equipment manufactures (OEMs) in the U.S.? Greg Autry, an entrepreneur researcher, predicts a shift away from the traditional start-up model, where young engineers develop a new product, get it financed and move the manufacturing overseas. He argued a Trump administration would create a regulatory and tax-friendly environment conducive to the tech sector.

“Companies like Foxconn, the Taiwanese company that manufactures Apple products will be able to expand production in the U.S. through automation,” Autry said. He added that more automation—the so-called ‘boogie man’ often described as robots stealing human jobs—would actually be a boon for OEMs and U.S. manufacturing.

“We’ve dealt with automation since the 19th century,” Autry said. “What automation does is create a lot more products for us to enjoy at a lower cost, and we get more people working more efficiently creating more products.”

Apparently, almost half of the national electorate voted along those lines—the promise of more jobs.

— Sources: cNET, CNBC, PBS, and the White House
Photo:  whitehouse.gov

Demo Day at the White House

White House Demo Day
Demo Day at the White House

 

BDPA executive sponsors and members were invited. (L-R) Wayne Sutton, BUILDUP; Stephanie Lampkin, Blendoor; Sharrarne Morton, Morton Media; and Keith Scott, AppDynamics | BDPA-DC bdpatoday © 2015


Washington, DC–President Obama hosted a demo day at the White House on his birthday, Tuesday, August 4, 2015, for startups aimed at increasing diversity in technology within underserved minority communities to boslter minority start-ups. Millions of dollars were pledged from Industry to invest in these new initiatives.

 

 

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