The U.S. has entered the Artificial Intelligence race — are you prepared?

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President Donald Trump has signed an executive order pushing U.S. agencies to prioritize keeping the U.S. ahead in the development and deployment of artificial intelligence.

The plan as currently outlined tees up civilian agencies to make AI investments, even encourages them to do so. And that's a good thing because to this point, U.S. funding for AI has been anemic. An analysis from Bloomberg Government found that the Pentagon's R&D spending on AI has increased from $1.4 billion to about $1.9 billion between 2017 and 2019. DARPA, the Pentagon's research arm, has separately pledged $2 billion in AI funding over the next five years.

But this pales in comparison to China. Exact numbers are hard to come by, but just two Chinese cities — Shanghai and Tiajin — have committed to spending about $15 billion each.

Still, Trump's order signals a turning point for the AI industry in the U.S. — an industry we here at Business Insider Intelligence have been carefully analyzing for two years.

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