We hope you will check out our new study at UP on the race to Artificial Intelligence dominance, which was prominently featured by Fox Business over the weekend.

Regulators are asking the wrong questions regarding this next frontier of technological advance. The issue isn’t: should we have AI and robots? They’re here and advances are happening at warp speed.

The predominant issue is who will win the race to technological superiority? The U.S. or China.

America dominated the multi-trillion dollar Internet Age with a simple formula: keep the government out of the way of a technology boom that will produce more goods, services, innovations and cures at a fraction of the cost.

Let 1,000 made in the USA companies bloom – giving way to the next generation of Apples, Amazons and Googles.

Here are the steps to ensure American dominance:

• Do not create a permission-slip regime for innovation. Establish regulatory consistency for national products and services rather than a state-by-state patchwork.
• Build out our energy infrastructure and our computing capacity. AI needs chips, data centers, electricity, cooling, transmission, and capital. Anti-energy policy is now anti-AI policy.
• Accelerate permitting for building and safeguarding data centers, power generation, and transmission lines.
• Allow full expensing and pro-investment tax treatment for AI, computers, software, equipment, and productivity-enhancing capital so that innovation happens here.
• Promote AI adoption by small and midsize businesses, not just large firms.
• Train students and workers at an early age how to use AI, especially young and entry-level workers facing disruption.
• Preserve America’s talent advantage through high-skill immigration and retention of AI researchers, engineers, and entrepreneurs.

The paper concludes:

“AI gives America a chance to transform cheaper expertise into higher living standards. It can help doctors spend more time with patients, teachers tailor lessons, builders cut delays, manufacturers improve quality, and entrepreneurs turn practical know-how into businesses. These gains will arrive when Americans are free and eager to use AI to solve everyday problems. American inventors create the possibility; the American people turn this possibility into prosperity…  Washington should choose abundance.”

The full study is available here: