Posted by Alumni from Crunchbase
May 3, 2024
The past year marked a significant turning point in the development of artificial intelligence. But beneath the headlines is the fact that this pioneering industry is spearheaded primarily by immigrants. According to an analysis by the National Foundation for American Policy, 80% of unicorn companies, or privately held billion-dollar firms, were founded by an immigrant or have an immigrant in a key policy role. The American AI industry is similarly represented by immigrants, including Chinese-born American Fei-Fei Li, co-director of Stanford University's Human-Centered AI Institute; British-Hong Kong-American Andrew Ng of Google Brain; and Russian-Israeli-Canadian-American Ilya Sutskever of OpenAI. This is vital not only for American tech dynamism but for national security. Michele Flournoy, chair of the Center for a New American Security and former U.S. undersecretary of defense, emphasizes the impact of AI on security. In an essay for 'Foreign Affairs,' she notes that the U.S.... learn more