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University of Minnesota briefs Senate jobs committee on AI's economic potential, workforce and risk

2139545 · January 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

University of Minnesota researchers told the Senate Committee on Jobs and Economic Development on Jan. 22 that artificial intelligence could add billions to Minnesota's economy, especially in medtech, agriculture and manufacturing, while urging investments in data infrastructure, workforce training and safeguards against misuse.

The University of Minnesota’s data science and artificial intelligence team told the Minnesota Senate Committee on Jobs and Economic Development on Jan. 22 that AI could deliver large economic gains for the state but requires coordinated investment in computing infrastructure, workforce training and responsible-use safeguards.

The briefing, given to the panel chaired by Senator Champion, laid out opportunities in medical technology, agriculture and manufacturing and warned of potential harms if data quality, governance and oversight are not addressed.

“AI systems are accelerating drug discovery, accelerating the development of new materials, accelerating scientific research, improving energy efficiency, and making education more accessible and personalized,” said Galen Jones, professor of statistics and director of the School of Statistics at the University of Minnesota. Jones told the committee that Minnesota is well positioned because of its research base, medtech cluster and existing innovation networks.

The presenters — including Vipin Kumar, regents professor of computer science; Genevieve Meltemieux, professor of surgery and health informatics; James (Jim) Wilgenbusch, director of the Minnesota Supercomputing Institute; Haley Bourke, managing director of the Data Science and AI Initiative; and Jaydeep Srivastava, professor of computer science and engineering — described both economic projections and practical constraints.

Why it matters: Committee members heard concrete estimates and sector-level examples that could shape future state policy. University presenters cited outside projections and state-level data to argue Minnesota can capture AI-driven…

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