Technology Fund Invites Proposals for Investments in AI Technology

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funding paths to help agencies improve their operations, increase coordination between existing programs, and modernize outdated systems.

Agencies that submit proposals of $6 million or less and have a project timeline of no more than 1.5 years will receive an expedited review process for funding. Proposals must include a clear plan for user testing, risk mitigation, evaluation metrics, and senior executive support. Agencies have the flexibility to approach their project and potential solution as they see fit.

According to a recent announcement from the General Services Administration (GSA), there are currently over 228 AI applications in use by federal agencies, with another 500 in the planning stages and about 500 in the research or exploratory stage. However, the Government Accountability Office (GAO) has cautioned that government must use AI responsibly to minimize risks, achieve intended outcomes, and avoid unintended consequences.

The issue has also attracted attention from both the House and Senate, with a bill (S-1865) having cleared committee level in the latter to require 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 upfront money for IT projects rather than stretch out spending over time, often at a higher cost. Allocations have mostly gone towards projects to replace legacy systems.

By Editor

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