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Surging AI Industry in the UK
Thriving industry and developing gold standards on Trusted AI put UK in company with US and China in the global AI-economy by 2020
London, 24 October 2018 – A major report by Big Innovation Centre and Deep Knowledge Analytics places the UK in the third spot in the global rankings for Artificial Intelligence (AI) and it foresees it excelling in specific subsectors and areas in the coming years.
While China is actively challenging the US as the dominant leader in the international AI race, the UK is well positioned to become an international leader in specific niches, including healthcare and fintech. The UK could also lead the way in the development of AI ethics, governance and safety frameworks on a global scale. The report identifies the substantial potential for the UK to set the gold standard for “Good Trusted AI” by thought-leading international protocols and standards for the prevention of oppression, discrimination and biases resulting from the unethical use of AI.