• Sat. Feb 24th, 2024

Modernizing Government with AI: The Technology Modernization Fund Seeks Proposals Amidst Biden Administration’s Executive Order

ByEditor

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

The Technology Modernization Fund is currently seeking proposals for investments related to artificial intelligence under the Biden administration’s recent executive order on implementing AI in federal agencies. The fund offers a variety of funding paths to help agencies improve their operations, enhance coordination between existing programs, and modernize legacy systems. Proposals requesting $6 million or less and with a timeline of no more than 1.5 years will receive an expedited review process for investment.

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.

Recent studies show that there are currently over 228 AI applications in use by federal agencies, with more than 500 in the planning stages and another 500 in the research or exploratory stage. However, it is important for the government to manage its use of AI responsibly to minimize risk and ensure intended outcomes while avoiding unintended consequences.

The issue has also attracted the attention of both houses of Congress, with a bill (S-1865) having been passed at the committee level in the Senate 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 Technology Modernization Fund is a central government-wide fund designed to provide up-front money for IT projects rather than stretch out spending over time, often at a higher cost. Allocations mostly have gone toward projects to replace legacy systems.

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