AI could add £144bn to GDP over next five years but millions of jobs at risk, think tank says March 27, 2024 "History show that technological transition can be a boon if well managed, or can end in disruption if left to unfold without controls," Carsten Jung, senior economist at IPPR, said.
How to invest intelligently in the age of AI March 23, 2024 AI investment could reach $200bn globally by 2025, but how do you sort the unicorns from the donkeys? Rosanne Kincaid-Smith explains AI is dominating the rhetoric of investors, business executives, and the media – everyone wants to use, invest in, or acquire this technology. AI startups attracted one out of every three dollars invested in the US [...]
Microsoft: Tech giant makes splash by tapping Deepmind founder to run AI division March 19, 2024 Microsoft has hired the co-founder of Google’s Deepmind, Mustafa Suleyman, to head up its new Artificial Intelligence division, the technology firm said this evening.
The Notebook: A plea for a little more nuance in AI discourse March 18, 2024 Marc Warner, CEO at AI firm Faculty, takes the Notebook pen to talk podcasts, good posture and the new frontier of tech.
AI is supposed to automate paperwork, not create more March 15, 2024 While ministers are issuing press releases and creating new regulations around AI, everyone else has got a head start, says Joe Hill Everyone caught the AI bug in 2023, and politicians were no exception. When I first started working on AI as a civil servant in 2017, you couldn’t fill a meeting room to talk [...]
EU AI Act: What does it mean for UK business post-Brexit? March 14, 2024 The EU AI Act, aimed at controlling AI systems on a risk-based approach, gained an overwhelming majority in favour, with 523 votes.
‘Lab to fab’: Semiconductor firms welcome UK entry to EU chip research scheme March 13, 2024 Semiconductor firms have welcomed the UK’s entry to an EU funding pot for collaboration on “critical” chip research.
Can AI help solve the UK’s public sector productivity puzzle? March 11, 2024 Jeremy Hunt wants to embed AI throughout the public sector to boost productivity - but experts suggest the policy could take a long time to deliver results.
Spring Budget 2024: UK Silicon Valley dreams far off say tech bosses March 7, 2024 Some tech bosses have been left wanting after Jeremy Hunt's Spring Budget 2024 missed the mark by their standards.
Spring Budget 2024: Hunt poised to double AI funding through Alan Turing Institute March 6, 2024 Jeremy Hunt is set to announce a doubling of funding for the Alan Turing Institute, the national hub for AI, in his Spring Budget tomorrow.