DEBATE: Are MPs on right that UK firms need more robots? September 19, 2019 Are MPs on the Beis committee right to say that British businesses have too few robots? YES, says Chetan Dube, chief executive at IPsoft Whether it’s a physical robot or digital colleague, MPs on the business, energy and industrial strategy (Beis) committee are absolutely right that UK businesses need to step up their automation efforts [...]
Robot rollout: Number of businesses using automation doubles in 2019 September 6, 2019 The number of businesses adopting automation at scale has doubled in the last year, though most say they have yet to assess how this could impact their employees. Roughly eight per cent of companies have deployed over 50 cases of automation this year, twice as many as in 2018, according to a report by Deloitte [...]
It’s time to give AI the human (resources) touch September 5, 2019 It is no secret that automation and artificial intelligence (AI) are changing the workplace. The debate on how wide-reaching these changes will be is one that feels never-ending, with no one truly knowing what impact it will have. The one certainty is that unless the workplace is fully behind AI and automation, it’s likely to [...]
EU considers giving citizens explicit rights over facial recognition data August 22, 2019 The European Commission is considering introducing strict regulations governing the use of facial recognition technology that would give EU citizens explicit rights over the use of their facial recognition data. The Commission’s plans, which were first reported in the Financial Times, would be part of a wider overhaul into how the EU regulates artificial intelligence [...]
NHS to receive £250m funding boost for AI development lab August 8, 2019 The NHS is set to receive £250m in funding to boost research into artificial intelligence that could help develop treatments for cancer, dementia and heart disease. The money will be funnelled into a new National Artificial Intelligence Lab, health secretary Matt Hancock said today. Read more: Government to announce emergency £2bn NHS funding injection AI [...]
Public mistrust in AI ‘puts UK tech dominance at risk’ August 8, 2019 Public mistrust in artificial intelligence risks setting the UK back in the global tech race, according to a report published today. UK businesses must lead by example and take an ethical approach to the new technology if they are to secure consumer confidence, the Confederation of British Industry (CBI) warned. Read more: Google-owned AI firm [...]
Google-owned AI firm Deepmind suffers ballooning losses as debt mounts August 7, 2019 Deepmind, the artificial intelligence company owned by Google, has posted a huge increase in loss for the full year as its debt level reached more than £1bn. Read more: Google takes off as revenue tops expectations The London-headquartered company reported a loss of £470m in 2018, compared to £302m the previous year, according to its [...]
Unconscious bias and lack of diversity is holding business back August 6, 2019 The lack of diversity in technology is not a new issue. A study by Statista showed that female employees make up between 26 percent and 43 percent of the workforce at major tech companies. However, even this does not tell the whole story, as the number of women in engineering or product-focussed jobs is even [...]
Phrasee reveals how artificial intelligence will change marketing August 5, 2019 We’re all aware that artificial intelligence (AI) is predicted to transform every sector of the economy, and marketing is no exception. Already, the industry is using this new technology to analyse data or give product recommendations to customers. Of course, as adoption of the technology increases, so too is anxiety over the future of jobs. [...]
Artificial intelligence could solve Britain’s productivity puzzle August 2, 2019 At a time of technological innovation and low unemployment, why is UK productivity close to 16 per cent behind other advanced economies in the world? Experts disagree on the causes of the UK’s “productivity puzzle” but they, the government, and technology companies like ours agree that artificial intelligence (AI) will form a crucial part of [...]