Proposed “Endless Frontiers Act” Includes $100 Billion Funding Over 5 Years for American Science and Technology Research
(TheHill) A group of bipartisan lawmakers led by Senate Minority Leader Charles Schumer (D-N.Y.) introduced legislation Wednesday to boost research into emerging technology including artificial intelligence and quantum computing.
The Endless Frontiers Act would create a Directorate of Technology at the National Science Foundation (NSF), and would rename the NSF the National Science and Technology Foundation.
The new directorate would be given $100 billion over five years to invest in American science and technology research, with specific research areas including cybersecurity, robotics, AI, quantum computing, national disaster prevention and biotechnologies.
In addition, the Department of Commerce would be given $10 billion over five years to establish “regional technology hubs” across the nation.