Great to see the UK Government getting behind investment in AI. However, there are two major cultural issues to be addressed here.
Firstly, there is a very different attitude to AI and Robotics in the West versus Asia.
People from Asian countries have been brought up with robot heros from Manga comics caring, protecting and saving them. They have a healthy respect for robots and embrace them. Hollywood has given the West, Terminator and other threats.
Culturally then we have been conditioned to fear the rise of AI and robotics. Concerns over redundancy and automation of human roles is abundant across the media. However, studies by the Asian Development Bank show that +130 jobs are created for every 100 jobs lost.
The second issue is Opaque AI versus Transparent AI. The former is the nightmare of every insurance company when the regulator asks the question "How did you come to that decision?" If you don't have an answer in your AI system, you are in deep trouble.
Transparent AI, on the other hand, gives you full transparency on how and the audit trail to get there. Beware the AI you choose!
Artificial intelligence (AI) is proving to be more than just a buzzword. The UK government unveiled a £1 billion joint investment in the AI industry last week, described as an effort to capitalise on Britain’s position of strength when it comes to the technology. More than 50 businesses and organisations contributed to the deal, including US tech firms, Japanese venture capitalists, and European telecoms companies, which will pump cash into AI in the UK. The deal between the UK government and industry, announced by business secretary Greg Clark and digital secretary Matt Hancock, includes almost £300 million of private sector investment into the UK sector. 1,000 new government-funded AI PhDs will also be set up, aiming to keep the UK “at the forefront of innovation” and build its status as AI research hotspot.