Technology
To compete in an increasingly complex and interconnected world, technology and digital innovation are vital. Tech-based industries like biotech, space, fintech, and artificial intelligence pioneer the solutions that improve lives, solve problems, and advance society. They also provide the digital tools that help traditional businesses grow, stay connected, and compete around the globe.
Related topics
Technology helps small businesses operate and compete. This report outlines the growing use of artificial intelligence (AI), concerns about regulatory impacts, and the need for education on the benefits of AI.
Spotlight on AI
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Enhancing Entrepreneurship: AI’s Big Impact on Small BusinessExploring real-world success stories of small businesses benefiting from artificial intelligence.
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Businesses Are Leveraging AI to Compete and Thrive
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Today, nearly every company, no matter what business they're in, is in some way powered by technology. The U.S. Chamber’s Technology Engagement Center fosters the transformational role that technology plays in business and society. Our work helps businesses in every industry leverage technology to optimize their businesses, serve their customers, and boost growth and productivity. To spur innovation and support emerging industries, we advocate for rational and cohesive policies in the states and in Washington.
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This Hill letter was sent to the Members of the Senate Committee on Finance and House Committee on Ways and Means regarding the imperative to harmonize implementation of the CHIPS for America Fund and section 48D advanced manufacturing investment tax credit.
The U.S. Chamber of Commerce is joined by state and local chambers in calling on state leaders to prioritize AI and oppose a patchwork of regulations.
Following the European Union's political agreement on the AI Act, the U.S. Chamber is concerned the Act fails to strike a sensible balance between regulating for risk and promoting innovation.
Leading AI nations—notably the UK and U.S.—have recognized the need for concerted action to shape the global regulatory landscape around this transformative technology.
Tom Quaadman, Executive Vice President of the U.S. Chamber’s Technology Engagement Center, issued the following statement in response to the Biden Administration’s Executive Order on Artificial Intelligence.