The bill appropriates a total of $16 million for the establishment of these AI Hubs in the 2024-2025 fiscal year. This funding includes $15 million in nonrecurring funds, which institutions must match with 10% of non-state funds to utilize, and $1 million in recurring funds for operational support. The establishment of these Hubs is expected to enhance the state's capabilities in artificial intelligence, creating educational and economic opportunities, particularly within underrepresented communities served by historically black colleges and universities.
House Bill 986 aims to establish Artificial Intelligence Hubs at selected constituent institutions of the University of North Carolina (UNC). The legislation mandates the Board of Governors to select up to three institutions by December 1, 2024, ensuring that at least one hub is located at a historically black college or university or a historically American Indian university, such as the University of North Carolina at Pembroke. This initiative is designed to foster collaboration between industry and academia in advancing artificial intelligence as a driver of economic growth in North Carolina, while also safeguarding the rights and liberties of citizens.
The general sentiment surrounding HB 986 appears to be positive, particularly among supporters who view this as a significant step towards enhancing educational opportunities and technological development in North Carolina. Proponents argue that it will help position North Carolina as a leader in the burgeoning field of artificial intelligence, providing necessary funding and resources to foster innovation and workforce development. However, the emphasis on equity in selecting institutions hints at a consideration of ensuring historically marginalized communities benefit from technological advancements.
While the bill has garnered support for its focus on equity and economic growth, there may be concerns regarding the allocation of funds and the feasibility of institutions meeting the matching fund requirement. Additionally, questions may arise about the long-term impact of such Hubs on local economies and whether the funds will be utilized effectively to meet the diverse needs of the community, particularly given the rapidly evolving nature of technology and education.