DEBATE: Given the ethical issues exposed in a recent MIT study, will we ever fully trust autonomous vehicles? November 1, 2018 Given the ethical issues exposed in a recent MIT study, will we ever fully trust autonomous vehicles? Daniel Pitchford, co-founder of AI Business, said YES. There are approximately 1.3m global road deaths each year, and 95 per cent of these are caused by human error. The deaths due to driverless cars currently stand at four. [...]
This Halloween, businesses must tackle their demons and embrace the AI boogeyman October 31, 2018 Business leaders are an easily spooked bunch. Economic turbulence, new competitors, and workplace skill deficits are just a few of the things that can give us a fright at any time of year, without the added frisson of All Hallows’ Eve. But a new fear has emerged this year: customer data – namely how it’s [...]
Innovation game: £1.6bn promised for the UK’s modern industrial strategy as entrepreneurs get a boost October 29, 2018 The chancellor today promised £1.6bn of new investment into the government's modern industrial strategy, in a bid to ramp up the UK's digital infrastructure and power the country's startups. It will also be followed by an additional £150m in funding for fellowships to foster the UK's burgeoning skills pool with both homegrown and international talent, and £115m for [...]
The ASA watchdog is regulating the Wild West of online marketing and advertising October 29, 2018 It goes without saying that the web has revolutionised the global economy. As a source of knowledge and information, as well as a marketplace for trade, it has created jobs, fuelled innovation, and accelerated productivity (well, it has when we’re not browsing Twitter or watching Netflix). The internet has also changed advertising. The digitisation of [...]
Microsoft says it will sell artificial intelligence and other technology to US military October 27, 2018 Microsoft has announced plans to sell artificial intelligence to the US military, along with any other technology they need "to build a strong defence". It comes just months after Google told the Pentagon it would not sell technology products that could be used for weapons. The debate about AI use in the military comes as [...]
Don’t let national security fears risk closing Britain for business October 26, 2018 The UK government’s National Security and Investment consultation, which closed last week, has an aim that is not just laudable, but essential. The government is seeking to protect vital national assets, whether emerging technology or critical infrastructure, from falling into the wrong hands – from organised crime groups to rogue states to certain major powers. [...]
What entrepreneurs want Philip Hammond to announce in the Autumn Budget October 25, 2018 At the Conservative party conference earlier this month, chancellor Philip Hammond announced £20m of investment in business networks “to enable small businesses to learn from each other and from world-leading firms”. He also recognised the need for mentoring and management training for small and medium-sized enterprises, pledging another £11m to help 10,000 businesses by 2025, [...]
Trivago cuts advertising as profitability returns October 24, 2018 Hotel search engine Trivago returned to profitability in the third quarter as it cut its advertising spend. The company, which has invested heavily in marketing in the past, said the move follows a broader trend in the market. Read more: Premier Inn expands as owner Whitbread looks to life after Costa Net income was €10m [...]
DEBATE: With new research showing Manchester’s rapid growth, is the capital’s tech bubble bursting? October 24, 2018 With new research showing Manchester’s rapid growth, is the capital’s tech bubble bursting? Dominic Harvey, director at CWJobs, says YES. London may steal all the headlines, but as Tuesday’s figures show, Manchester is becoming an ever more dominant force for the tech sector – and the race to secure the UK’s top talent is really [...]
James Dyson’s post-Brexit globalism: design cars in the UK, build them in Asia and sell them all over the world October 23, 2018 Sir James Dyson is one of Britain's most celebrated inventors and entrepreneurs – and rightly so. He has invested billions in UK-based research and development, collaborated with dozens of universities, championed design and engineering, ploughed vast sums into pushing the boundaries of robotics and artificial intelligence, employed thousands of people, backed apprenticeships and training schemes [...]