UK details ‘pro-innovation’ approach to AI regulation

The UK government has unveiled a new regulatory framework for AI, aimed at promoting innovation while maintaining public trust.

Michelle Donelan, Science, Innovation, and Technology Secretary, said: “AI has the potential to make Britain a smarter, healthier and happier place to live and work. Artificial intelligence is no longer the stuff of science fiction, and the pace of AI development is staggering, so we need to have rules to make sure it is developed...

29 March 2023 | Applications

What will AI regulation look like for businesses?

Unlike food, medicine, and cars, we have yet to see clear regulations or laws to guide AI design in the US. Without standard guidelines, companies that design and develop ML models have historically worked off of their own perceptions of right and wrong. 

This is about to change. 

As the EU finalizes its AI Act and generative AI continues to rapidly evolve, we will see the artificial intelligence regulatory landscape shift from general, suggested frameworks to more...

24 March 2023 | Applications

AI professionals seek job flexibility and stability over exciting perks

Research suggests that AI professionals looking for a new job prioritise flexibility and stability over exciting perks.

Despite recent high-profile layoffs, the wider talent shortage is ongoing. Organisations looking to attract, or retain, the best candidates are offering numerous unique benefits.

However, research from BenchSci finds that AI, machine learning, and data professionals are mostly looking for flexibility and stability in their future...

20 March 2023 | Enterprise

Editorial: UK puts AI at the centre of its Budget

British Chancellor Jeremy Hunt announced the country’s Spring Budget this week and supporting the AI industry was at the centre.

The UK is Europe’s AI leader. Indeed, behind the US and China, the country’s tech sector overall has the third-highest amount of VC investment in the world – more than Germany and France combined – and has produced more than double the number of $1 billion tech firms than any other European country.

Gerard Grech, CEO of Tech Nation,...

16 March 2023 | Artificial Intelligence

GitHub CEO: The EU ‘will define how the world regulates AI’

GitHub CEO Thomas Dohmke addressed the EU Open Source Policy Summit in Brussels and gave his views on the bloc’s upcoming AI Act. 

“The AI Act will define how the world regulates AI and we need to get it right, for developers and the open-source community,” said Dohmke.

Dohmke was born and grew up in Germany but now lives in the US. As such, he is all too aware of the widespread belief that the EU cannot lead when it comes to tech innovation.

“As a...

6 February 2023 | Applications

Zoom enters the conversational AI arena 

Zoom is getting into the conversational AI arena with the launch of Zoom Virtual Agent.

The chatbot solution aims to improve how businesses assist their customers and employees by delivering fast and highly-personalised responses.

“Every leader I speak to is seeking dual outcomes from their CX technology: superior omnichannel resolutions for their customers and an improved bottom line,” said Mahesh Ram, Head of Digital Customer Experience at...

27 January 2023 | Applications

Google to speed up AI releases in response to ChatGPT

Google is reportedly set to speed up its release of AI solutions in response to the launch of ChatGPT.

The New York Times claims ChatGPT set off alarm bells at Google. At the invite of Google CEO Sundar Pichai, the company’s founders – Larry Page and Sergey Brin – returned for a series of meetings to review Google’s AI product strategy.

Google is one of the biggest investors in AI and has some of the most talented minds in the industry. As a result, the company...

20 January 2023 | Applications

Microsoft releases Azure OpenAI Service and will add ChatGPT ‘soon’

Microsoft has announced the general availability of the Azure OpenAI Service and plans to add ChatGPT in the near future.

Currently, Azure OpenAI Service provides access to some of the most powerful AI models in the world—including Codex and DALL-E 2.

A “fine-tuned” version of GPT-3.5 will also be available through Azure OpenAI Service soon.

https://twitter.com/OpenAI/status/1615160228366147585

Azure OpenAI Service was unveiled in November 2021....

17 January 2023 | Applications

Bill Gates calls AI ‘quite revolutionary’ – but is less sure about the metaverse

Bill Gates has given his verdict on some of tech’s biggest buzzwords – and proffered that while the metaverse is lukewarm, AI is ‘quite revolutionary.’ 

The Microsoft co-founder was participating in his annual Reddit Ask Me Anything (AMA) session and was asked about major technology shifts. AI, Gates noted, was in his opinion ‘the big one.’ 

“I don’t think Web3 was that big or that metaverse stuff alone was revolutionary, but AI is quite...

13 January 2023 | Artificial Intelligence

State of AI 2022: Adoption plateaus but leaders increase gap

According to McKinsey’s latest State of AI report, leaders are pulling ahead but overall adoption is plateauing.

McKinsey notes that organisations that report using AI in at least one business area have more than doubled since 2017.

The most significant jump in adoption was between 2017 (20%) and 2018 (47%). A peak was reached in 2019 (58%) but has since tailed off to 50% in 2022.

Considering the plateau includes the pandemic years – when businesses were...

7 December 2022 | Applications