The Technology Modernization Fund (TMF) is currently seeking proposals for artificial intelligence-related investments, as directed by an executive order from the Biden administration. The fund aims to support federal agencies in improving coordination between existing programs, modernizing legacy systems, and operating more efficiently across organizational boundaries. Proposals that seek $6 million or less with a project timeline of no more than 1.5 years will receive an expedited review process for investment.
To be considered for funding, 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 can accelerate AI adoption in government agencies, which is a critical component given the recent growth of AI applications in federal agencies.
As of now, the Government Accountability Office (GAO) has reported that there are 228 AI applications in use by federal agencies, with over 500 applications in the planning stages and an additional 500 in the research or exploratory stage. However, the GAO has also emphasized the need for responsible management of AI usage to minimize risk, achieve intended outcomes, and avoid unintended consequences.
The issue of AI usage in government has attracted attention from both houses of Congress. The Senate has already passed a bill requiring agencies to be more transparent when using automated intelligence and systems such as facial recognition software.
The TMF is a government-wide fund designed to provide up-front money for IT projects, with allocations primarily going towards replacing legacy systems. This recent focus on AI investments has the potential to further modernize federal agencies and improve their operations.
In summary, the Technology Modernization Fund (TMF) is accepting proposals for artificial intelligence-related investments to help federal agencies improve coordination between existing programs and modernize legacy systems. Proposals must include a clear plan for user testing, risk mitigation, evaluation metrics and senior executive support with flexibility in how agencies approach their project and potential solution. The use of TMF can accelerate AI adoption in government agencies while minimizing risk and achieving intended outcomes.