I'd like to see more effort placed in the space between research and application, the output of academia seems largely a vast trove of unread and unimplemented ideas. When the research reveals something that is of value to us all, yet not exploitable in a capitalist system, if there is no financial gain from exploiting research then who else will look to benefit from it. Given the large amount spent on research, it seems we would benefit from additional spending on disseminating the results to those who can make use of the information to have real world impact.
As far as AI risks, I am more concerned of the risk of human error in believing they understand things enough to deliver systems that can really mimic intelligence when in reality I've seen nothing intelligent in anything that claims AI in it, high speed weighted pattern recognition, yes, intelligence, no.