In February, Indiana’s chief data officer, Ted Cotterill, created a new artificial intelligence (AI) policy that will apply to state-based AI initiatives. Its goal is to provide a “framework that encourages agencies to harness AI to improve their work in responsible and ethical ways,” according to Cotterill. He believes the policy will ensure state agencies can explore AI – and its uses – while mitigating data privacy, intellectual property, and cybersecurity risks.

In March, Governor Holcomb signed Senate Bill 150, which established an AI Taskforce charged with studying AI technology that “has been used, developed or considered for use by state agencies,” as well as the benefits and risks of state agencies using AI especially with respect to the “rights and interests of Indiana residents.”

Representatives Matt Lehman (R-Berne) and Matt Pierce (D-Bloomington) and Senators Liz Brown (R-Fort Wayne), who authored SB 150, and J.D. Ford (D-Indianapolis) comprise the legislative members of the taskforce, which is expected to have its first meeting later this summer.

In May, U.S. Senator Todd Young (R-Indiana) and the other three members of the Bipartisan Senate AI Working Group released a policy roadmap for congressional committees to use in devising both AI innovation incentives and regulations. The group announced that it will take at least $32 billion annually to implement the roadmap with the goal of maintaining U.S. leadership in AI and serve as a check to China’s influence on the technology.

Next month, Sen. Young will participate in an Indiana Chamber-led event focusing on AI. The AI Leadership Summit: Seizing the Economic Power of Artificial Intelligence will take place on August 28 as part of day two of the Rally innovation conference. (Register by August 1 with code RALLYxINChamb for $149 tickets to the Summit and all of Rally!)

In addition to Young, the Summit will feature four panels comprised of subject matter experts who will forecast AI’s future impact on advanced manufacturing, agbioscience, life sciences, and logistics and transportation. The Chamber intends to publish a report later this year that incorporates content from the summit, as well as additional research pertaining to workforce, education and the challenges and opportunities facing Indiana as it seeks to prosper in the future AI-infused economy.

Adam H. Berry is vice president of economic development and technology at the Indiana Chamber of Commerce. He joined the organization in 2019.