UK must balance innovation with safety to help firms adopt AI, tech bosses say June 19, 2023 The UK must not let safety concerns about the use of artificial intelligence (AI) fall by the wayside as it pushes for a pro-innovation model for regulating the technology, tech bosses have warned. Chancellor Jeremy Hunt has reportedly told ministers to speed up the adoption of AI across the private and public sector, including the [...]
There’s no time for us to dither on creating sensible rules for artificial intelligence tech June 19, 2023 From artificial intelligence to fintech, we must go further. Competition is fierce, so we need flexible but strong rules to ensure innovative companies can prosper in the UK in both fields, writes Nicholas Lyons
UK businesses face regulatory minefield as EU votes in new Artificial Intelligence Act June 18, 2023 UK businesses must brace themselves to adhere to new EU artificial intelligence (AI) standards if they plan to trade in the bloc, lawyers and industry experts have said. It comes as members of the European Parliament voted overwhelmingly last week to adopt the Artificial Intelligence Act, which aims to encourage “human-centric and trustworthy” AI. Tamara [...]
Sangakkara: Sri Lanka have positive Test cricket future under ex-England coach Silverwood June 16, 2023 Former Sri Lanka captain Kumar Sangakkara has called on his former team to find a way to play more Tests, and encourages cricket fans to embrace new technologies. The 45-year-old played 134 Tests between 2000 and 2015 for The Lions and is widely seen as one of the best Sri Lankan cricketers of all time. [...]
Britain’s music industry could be crushed by artificial intelligence if we don’t get it right June 16, 2023 Rishi Sunak called the creative industries one of the key growth sectors for the UK, but how we deal with artificial intelligence will be a game changer for the music industry, writes Sophie Jones.
Wall Street: Stocks up as US winning streak kicks into a higher gear June 16, 2023 US stocks swept higher on Thursday, revving the longest rally for Wall Street in a year and a half into a higher gear. The S&P 500 rallied 1.2 per cent to reach heights untouched since April 2022. The Dow Jones Industrial Average climbed 428 points, or 1.3 per cent, while the Nasdaq composite rose 1.1 [...]
As AI transforms the music industry, artists and their unique work must be protected June 16, 2023 The creative industries are the most vulnerable to technological changes. So as we applaud our developments in AI, we must also protect our creatives, starting from musicians, writes Sophie Jones
UK safety tech sector to grow to £1bn by mid-2020s June 15, 2023 Safety tech – technology designed to promote a safer online environment – is experiencing rapid growth in the UK. The UK’s safety tech sector has achieved an annual revenue of £456m, shooting up 20 per cent from this time last year, a new government analysis reveals today. It bottles this success down to greater investment, [...]
Tech Week Day Three: Mitigating the risks of AI while exploiting its potential for jobs and society June 14, 2023 Of all the hot topics discussed at another balmy day at London Tech Week, one stood out feverishly from the rest – artificial intelligence, and how it will impact global economies. Around the world, governments are racing to get to grips with AI and establish effective strategies to regulate it. Today, lawmakers in the European [...]
Why British investors are pouring into US tech funds this year June 14, 2023 British do-it-yourself investors are pouring back into tech funds this year in a bid to cash in on a tech-fuelled market rally in the US and Asia.