The UK's delicate industrial strategy balancing act: our service industry must embrace GenAI, but the risk is that we hand our future to US BigTech. My article in Bright Blue's new collection of essays on the impact of Generative AI, alongside such luminaries as Kenneth Cukier Rose Luckin Gerard Grech Tom Watson. "It is easy to be cynical about endless promises surrounding the transformative potential of AI. However, even if the current break-neck pace of technological development were to slow down, we are already seeing the first stirrings of a productivity revolution, especially in the services industry. This matters because the UK is the second-biggest exporter of services in the world, and, at present, we face a conundrum. If we do not embrace the AI opportunity, then we risk falling behind and losing our competitive edge. But, if we do fully embrace AI, we risk handing the keys to our economy over to the US tech giants on whose AI platforms our technological future depends." Let's hope that the next Government has the bandwidth and vision to focus on both aspects of this challenge. Do check out pages 38-39 (as well as all the other great articles obviously) for the Best Practice AI view on this. With thanks to Sarah Kuszynski and Ryan Shorthouse. https://lnkd.in/g8CJtAkJ
Gina Neff, Ph.D.
1mo
Thanks, Tim. Very much looking forward to reading this.
AI X ART | Scaling open-source AI | AI market development and ecosystem building | AI activist and artist @Flux__art on Instagram
1moAgree completely with this analysis. The current Government got caught napping with regard to early-stage AI. We had every chance to fly in the slipstream of the US but focused on the wrong things. Instead of doubling down on grass-roots innovation and entrepreneurship #RishiSunak went down the personal vanity route of AI safety, a clear dead end, without economic benefit. #keirstarmer should reverse all AI spending on initiatives such as the AI Institute and redeploy it into growing the sector by direct support for researchers and founders.