• Thu. Feb 29th, 2024

Accelerating AI Adoption in Government: The Technology Modernization Fund’s AI Investment Opportunities

ByEditor

Feb 13, 2024
Technology Fund Invites Proposals for Investments in AI Technology

The Technology Modernization Fund (TMF) is currently seeking proposals for artificial intelligence-related investments under the Biden administration’s recent executive order on implementing AI in federal agencies. The fund offers multiple paths to funding to help agencies operate more efficiently, improve coordination between existing programs, and modernize legacy systems.

According to an announcement from the GSA, all proposals must include a clear plan for user testing, risk mitigation, evaluation metrics, and senior executive support. Agencies have flexibility in how they approach their project and potential solution. The use of the TMF has the potential to accelerate AI usage in government.

The GAO recently found that there are over 1,000 AI applications in use or planning stages in federal agencies. However, it cautioned that the government “must manage its use of AI in a responsible way to minimize risk, achieve intended outcomes, and avoid unintended consequences.”

Both the House and Senate have taken notice of this issue with a bill (S-1865) having cleared committee level requiring agencies to be more transparent when using automated intelligence and systems such as facial recognition software to interact with the public or make decisions.

The TMF is a central government-wide fund designed to provide up-front money for IT projects rather than stretch out spending over time. Allocations mostly have gone toward projects replacing legacy systems but can also be used for other technology needs such as AI.

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