Content from TechNet: The Voice of the Innovation Economy: Big Tech isn’t the only driver of AI innovation! Aparna Bawa, COO of Zoom shares with Linda Moore, TechNet CEO how small and medium-sized businesses need access to resources, smart policies, and a unified privacy framework to scale, and how a risk-based approach can help them compete and thrive in the AI revolution.
You know, lots of times it's the small and medium sized companies that really Dr. innovation and take it to the next level. How can we create an environment that allows those kind of small and medium sized companies to scale, especially on a I you know, it's such a good question. Obviously, when, you know, even when I look at the news, I turned on the TV this morning, I hear about, you know, my good friend Kent's company over here. I hear about the top 7, the, you know, the big seven in tech and I I just want to remind everyone. That the beauty of technology in the United States has been a combination of not just industry-leading players like these top seven, but the vast number of small and medium sized businesses that Dr. innovation every day. And for those businesses which Technet supports greatly, resources are a challenge. So we have to make it such that these players can also have a competitive advantage. And that means taking sort of a risk based approach where we don't focus on as much on theoretical harms, but you actually focus on actual priorities and also policymakers taking a sort of a business industry partnership approach so that you can get the benefit as people and other companies discover innovations, you can get the benefit of that and leverage that partnership to to help these small and medium sized businesses get ahead. The the, the last thing I will say is. You know, resources can be challenged. It's very easy to think of all tech as big pockets. It's not the case. And so now just take an example of privacy, for example. The representative that was here before talked about sort of privacy legislation and the divergence between federal and state policy. It is really important that we have one overarching architecture that we can follow and that we're not sort of stymied by following multiple different frameworks, et cetera, that, you know, you just don't cannot compete. You cannot focus on best of. Great innovation when you're pulled in so many different directions. And so I would say these are the main things that I think we as a society, as a in the United States can help our small and medium sized businesses to innovate around AI.
