The impending world of AI presents an opportunity for entrepreneurs to offer governments a new level of service scalability, efficiency, and security. In fact, based on adoption, AI is likely to be a necessity to manage government’s ever-evolving service needs. As an industry, the firm Precedence Research currently values the AI market (private and public) at nearly $120 billion, and this figure is forecasted to more than double by 2025, at almost $314 billion, and hit $1.6 trillion by 2030. As a whole, global investment data from Pitchbook reports that AI startups collected more than $115 billion in 2021, increasing investment 87.2 percent year over year.
California’s developing education data system has signed legal agreements with 15 agencies and education organizations to pave the way for new data sets on student progress throughout the state’s education system, the Cradle-to-Career System announced.
Crypto assets and blockchain technology make up $3 trillion on the global market. Around 16 percent of adults have invested in or traded cryptocurrency.
Gov. Gavin Newsom is bringing some regulation to a burgeoning, wide-open market. On May 4, Gov. Newsom signed an executive deal that will begin to create a regulatory approach that will foster an industry and workforce that utilizes blockchain technology in California.
What is a challenge-based procurement? Former San Francisco Chief Innovation Officer and City Innovate Co-CEO Jay Nath talks with Christina about new approaches to technology procurement. Watch the 10-minute interview here.
The California Department of Technology announced round two for proposals to be funded by the Technology Modernization Fund (TMF).
While large-scale contracts and projects managed by the California Department of Technology (CDT) historically have been carried out in both “waterfall” and modular fashions, AB 1806 and AB 2558 aim to mandate the modular approach.
At the first Cradle-to-Career (C2C) Governing Board meeting for 2022, held last month, the board walked away with one primary action item and two follow-up items to keep the C2C system moving forward.