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AI sector study: Record growth masks serious challenges
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AI sector study: Record growth masks serious challenges
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A comprehensive AI sector study – conducted by the Department for Science, Innovation and Technology (DSIT) in collaboration with Perspective Economics, Ipsos, and glass.ai – provides a detailed overview of the industry’s current state and its future prospects.
In this article, we delve deeper into the key findings and implications—drawing on additional sources to enhance our understanding.
Thriving industry with significant growth
The study highlights the remarkable growth of the UK’s AI sector. With over 3,170 active AI companies, these firms have generated £10.6 billion in AI-related revenues and employed more than 50,000 people in AI-related roles. This significant contribution to GVA (Gross Value Added) underscores the sector’s transformative potential in driving the UK’s economic growth.
Mark Boost, CEO of Civo, said: “In a space that’s been dominated by US companies for too long, it’s promising to see the government now stepping up to help support the UK AI sector on the global stage.”
The study shows that AI activity is dispersed across various regions of the UK, with notable concentrations in London, the South East, and Scotland. This regional dispersion indicates a broad scope for the development of AI technology applications across different sectors and regions.
Investment and funding
Investment in the AI sector has been a key driver of growth. In 2022, £18.8 billion was secured in private investment since 2016, with investments made in 52 unique industry sectors compared to 35 sectors in 2016.
The government’s commitment to supporting AI is evident through significant investments. In 2022, the UK government unveiled a National AI Strategy and Action Plan—committing over £1.3 billion in support for the sector, complementing the £2.8 billion already invested.
However, as Boost cautions, “Major players like AWS are locking AI startups into their ecosystems with offerings like $500k cloud credits, ensuring that emerging companies start their journey reliant on their infrastructure. This not only hinders competition and promotes vendor lock-in but also risks stifling innovation across the broader UK AI ecosystem.”
Addressing bottlenecks
Despite the growth and investment, several bottlenecks must be addressed to fully harness the potential of AI:
Infrastructure: The UK’s digital technology infrastructure is less advanced than many other countries. This bottleneck includes inadequate data centre infrastructure and a dependent supply of powerful GPU computer chips. Boost emphasises this concern, stating “It would be dangerous for the government to ignore the immense compute power that AI relies on. We need to consider where this power is coming from and the impact it’s having on both the already over-concentrated cloud market and the environment.”
Commercial awareness: Many SMEs lack familiarity with digital technology. Almost a third (31%) of SMEs have yet to adopt the cloud, and nearly half (47%) do not currently use AI tools or applications.
Skills shortage: Two-fifths of businesses struggle to find staff with good digital skills, including traditional digital roles like data analytics or IT. There is a rising need for workers with new AI-specific skills, such as prompt engineering, that will require retraining and upskilling opportunities.
To address these bottlenecks, the government has implemented several initiatives:
Private sector investment: Microsoft has announced a £2.5 billion investment in AI skills, security, and data centre infrastructure, aiming to procure more than 20,000 of the most advanced GPUs by 2026.
Government support: The government has invested £1.5 billion in computing capacity and committed to building three new supercomputers by 2025. This support aims to enhance the UK’s infrastructure to stay competitive in the AI market.
Public sector integration: The UK Government Digital Service (GDS) is working to improve efficiency using predictive algorithms for future pension scheme behaviour. HMRC uses AI to help identify call centre priorities, demonstrating how AI solutions can address complex public sector challenges.
Future prospects and challenges
The future of the UK AI sector is both promising and challenging. While significant economic gains are predicted, including boosting GDP by £550 billion by 2035, delays in AI roll-out could cost the UK £150 billion over the same period. Ensuring a balanced approach between innovation and regulation will be crucial.
Boost emphasises the importance of data sovereignty and privacy: “Businesses have grown increasingly wary of how their data is collected, stored, and used by the likes of ChatGPT. The government has a real opportunity to enable the UK AI sector to offer viable alternatives.
“The forthcoming AI Action Plan will be another opportunity to identify how AI can drive economic growth and better support the UK tech sector.”
AI Safety Summit: The AI Safety Summit at Bletchley Park highlighted the need for responsible AI development. The “Bletchley Declaration on AI Safety” emphasises the importance of ensuring AI tools are transparent, fair, and free from bias to maintain public trust and realise AI’s benefits in public services.
Cybersecurity challenges: As AI systems handle sensitive or personal information, ensuring their security is paramount. This involves protecting against cyber threats, securing algorithms from manipulation, safeguarding data centres and hardware, and ensuring supply chain security.
The AI sector study underscores a thriving industry with significant growth potential. However, it also highlights several bottlenecks that must be addressed – infrastructure gaps, lack of commercial awareness, and skills shortages – to fully harness the sector’s potential.
(Photo by John Noonan)
See also: EU AI Act: Early prep could give businesses competitive edge
Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including Intelligent Automation Conference, BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.
Explore other upcoming enterprise technology events and webinars powered by TechForge here.
Tags: ai, artificial intelligence, computing, cybersecurity, europe, government, infrastructure, investment, report, research, safety, security, strategy, study, supercomputer, uk
#000#2022#ai#ai & big data expo#ai act#AI development#ai safety#ai safety summit#ai skills#AI strategy#AI systems#ai tools#Algorithms#amp#Analytics#applications#approach#Article#Articles#artificial#Artificial Intelligence#automation#awareness#AWS#Bias#Big Data#billion#bletchley declaration#Building#california
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Latest AI Regulatory Developments:
As artificial intelligence (AI) continues to transform industries, governments worldwide are responding with evolving regulatory frameworks. These regulatory advancements are shaping how businesses integrate and leverage AI technologies. Understanding these changes and preparing for them is crucial to remain compliant and competitive. Recent Developments in AI Regulation: United Kingdom: The…

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#AI#AI compliance#AI data governance#AI democratic values#AI enforcement#AI ethics#AI for humanity#AI global norms#AI human rights#AI industry standards#AI innovation#AI legislation#AI penalties#AI principles#AI regulation#AI regulatory framework#AI risk classes#AI risk management#AI safety#AI Safety Summit 2023#AI sector-specific guidance#AI transparency requirements#artificial intelligence#artificial intelligence developments#Bletchley Declaration#ChatGPT#China generative AI regulation#Department for Science Innovation and Technology#EU Artificial Intelligence Act#G7 Hiroshima AI Process
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(a read with multiple worthwhile links)
Was just thinking…
Already a shareholder of twitter, they wanted to put him on their board, Elon ‘declined’. Then joined their board.
Elon said he’d buy twitter then tried to ‘back out’. He was ‘made’ to fulfil his initial agreement after a public spectacle. Pattern of attention seeking, media play etc???
He then went on to make twitter an even bigger cesspool for extreme right wingers globally.
A hub for misinformation, disinformation, hate speech and the like.
Utilised it to benefit him and his cohorts.


source
Billionaires should not exist!
Founder of Twitter & Bluesky Jack Dorsey said that he and Musk are “friends”(source)
Dorsey has often praised Musk whenever the opportunity arises. Such was the case last April when Musk made his offer to acquire Twitter for $44 billion. Dorsey did not hesitate to declare that his billionaire friend was the only one capable of revamping the microblogging website, considered the town square of our time[…]“Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.”(source)

Dorsey did not transact his shares in Twitter, and now holds equity in Musk’s venture.

source

Link to interesting read
And now sits side by side with the cheeto puff and is continuing to try and get a seat at other countries most powerful tables.






source
A man that goes with the money and power, make it make sense.
(source 1) (source 2)

Makes sense that oversight and adherence to regulations he’s ‘in support of’ will be the same for him as his tech competitors. With no protections from his government friends all over the world.

extremely far right and aligning with the likes of maga, afd, brothers of Italy etc
white supremacy touted as ‘preserving culture’ with joint attach on diversity, equality and inclusion alongside his orange ‘friend’
controlling the masses with dangerous AI on social media worldwide, robots in the home and workplace, ai cars and aeronautics and hoping for satellite surveillance
Seeking personal involvement in multiple countries’ governments for personal ideals and personal financial gain




Supposedly the Tony Stark of the real world but in actuality the Evil Villian of the free world
Money, Supremacy & Power
That’s it for him and his ilk, nothing altruistic in the slightest.





Source 1, Source 2 Just thinking out loud…
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Dissent and co-operation
Then she moves to the country and western world, describing the Milton Keynes Divided Country and Western Club, going strong in Bletchley since the mid 1970s. The club's name, she says, indicated certain options. One of these was in dress: 'divided' between those who chose to come dressed 'just as you like' and those who preferred 'western dress'. Either was acceptable, and around half had opted for one or another version of 'western' gear which could range from a token cowboy hat or scarf or to the full regalia. "In contrast to rock and jazz events," she explains, "the audience sitting round the tables was family based, with roughly equal numbers of men and women, several children, and people of every age from the twenties upwards, including middle-aged and elderly people; only the late teenagers were absent. It was a 'family night out' ... the secretary welcomed individual visitors from other clubs to interest and smiles from his listeners — an established custom in country and western clubs, in keeping with their general atmosphere of friendliness and personal warmth".
She makes it sound almost like a meeting of a religious sect like the Shakers in nineteenth century America: "As the evening went on, more and more people got up to dance, adding to and developing the music through their rhythmic movements in the dance — one of the age-old modes of musical expression and appreciation. The atmosphere was relaxed and unselfconscious. and most people whatever their age, sex or build looked remarkably carefree as they danced to the band-the middle-aged woman with her tight jeans, jersey and big leather belt over her well-rounded bulges, the visiting technician and grandfather with his broken smoke-stained teeth, gleaming gun and cowboy gear, the young wife out for the evening with her husband, drawn in by his general interest in country and western music and now sharing his enthusiasm - and scores of others."
The country and western world was a co-existence of people interested in the 'western' aspects and those who most valued the music. This co-existence was summed up in the very name of the Milton Keynes Divided Country and Western Club, which as Dr Finnegan says, at first sight suggests dissension, but in practice symbolises fruitful co-operation and an ultimate sharing of interests between these wings of the country and western world.
She moves on to another musical scene, rock and pop, a catch-all phrase since meanings and definitions are always shifting with what Derek Jewell calls the continual flux of the vocabulary of popular fashion. Dr Finnegan describes how "Milton Keynes was swarming with rock and pop bands. They were performing in the pubs and clubs, practising in garages, youth clubs, church halls and school classrooms, advertising for new members in the local papers and lugging their instruments around by car or on foot. There were probably about 100 groups, each with their own colourful names and brand of music ... From the amount of time, trouble and (in many cases) money the players invested in their music, and from their own comments, it was clear that they got great social and personal satisfaction from their band membership - 'making people listen to what you say' and 'finding a way to express ourselves' - rather than regarding it primarily as a profitable enterprise ... The players' ages, educational backgrounds and occupation were more varied than most of the generalisations about modem rock music and youth culture might suggest."
She is greatly sceptical about the succession of scholarly writings about mass culture, one influential group seeing it as "essentially ruled by the market place, soporific and non-artistic, delivered by non-creative and commercialised performers to passive and brain-washed mass audiences," another group of Marxist critics seeing it as dominated by a capitalist power elite, while yet another declares that it is a "cultural struggle" with "the working class struggling to assert their own radical claims against the capitalist world" - a form of working-class youth protest.
These views obviously aren't convincing when applied to "the amateur grass-roots local performers and their face-to-face audi-ences," but all the same, "local participants and observers were still to some extent affected by this series of assumptions and were prepared from time to time to make effective use of such images as their own publicity".
Her own conclusion is that "the most prominent single characteristic of rock players in Milton Keynes - apart from their variety - was their interest in expressing their own views and personality through music-making: a stress on individuality and artistic creation which accords ill with the mass theorists' delineation of popular music". A striking feature she saw running through all the bands was a sense of personal pride and achievement. Her final word on them was that in such bands "their members felt they could really make some individual mark ... in contrast to the hierarchies and insecurities of school, work or the social services, playing in a band provided a medium where players could express their own personal aesthetic vision and through their music achieve a sense of controlling their own values, destiny and self-identity."
#Africa#anthropology#England#English politics#epigenetics#field trip#genetics#Kenya#Kenyan politics#Malawi#Malawian politics#Uganda#Ugandan politics#Zimbabwe#Zimbabwean politics#music#Pëtr Kropotkin#poetry#Ruth Finnegan#The Raven#travel#africa#african politics#anarchism#anarchy#anarchist society#geopolitics#resistance#autonomy#revolution
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As we near the end of pride month, I would like to celebrate a number of LGBTQ+ figures that may be unknown to some.
Alan Turing (1912 - 1954)

Alan Turing was British mathematician, cryptologist, and computer scientist who is credited as the founder of modern computer science and artificial intelligence. During World War II, he worked for Britain’s Government Code and Cypher School at Bletchley Park, leading the effort to decrypt German naval intelligence. Turing created a number of methods and devices that helped crack the German Enigma Code and allowed the allies to read German intelligence and allow allied ships to avoid U-Boat ‘Wolf-packs’. Turing’s work was pivotal in helping the allied victory in the war. Sadly, Turing was arrested in 1952 for homosexual acts and convicted of ‘gross indecency’. He accepted chemical castration as an alternative to prison. In 1954, was found dead from suicide by cyanide poisoning. It’s believed that Turing’s work helped shortened the war by several years.
Harvey Milk (1930 - 1978)

Harvey Milk was a politician and the first openly gay man to serve in public office in the United States. Milk moved to San Francisco in 1972 and took up residence in the Castro District, a neighborhood that was heavily populated by lesbians and gay men, and opened a camera store called Castro Camera. Milk became involved in politics because of civic issues and policies that drew his ire. Homosexuality was still heavily persecuted in the city at the time. In 1973, he announced his declared his candidacy for city supervisor. However, he faced a negative reception from the established gay political scene and lost the election. He lost his second election two years later. By this point, Milk had become a leading figure in the gay community, known as the “Mayor of Castro Street”, and had allies that included Mayor George Moscone, Assembly Speaker Willie Brown, and future Senator Diane Feinstein. Finally, in 1978, Milk was elected to the San Francisco Board of Supervisors, inaugurated January 8. During his tenure he was involved in a number of issues including childcare, housing, and police reform. Sadly, he only served eleven months in office before he, along with George Moscone, was assassinated by former supervisor Dan White, who was against many of Milks policies. Today, Harvey Milk is considered an icon of San Francisco and a martyr of the LGBTQ movement.
Rose Cleveland (1846 - 1918)

Rose Cleveland was the sister of U.S. President Grover Cleveland and, as such, acted as First Lady of the United States from his inauguration until he married Frances Folsom in 1886. After leaving the White House she became a teacher, writer, and lecturer in Indiana. At age 44 she started a romantic relationship with wealthy widow Evangeline Marrs Simpson. They exchanged numerous letters, some with explicitly erotic imagery. The relationship cooled after six years after Simpson married Episcopal preacher Bishop Henry Whipple, despite Cleveland’s protests. After Whipple died in 1901, their relationship resumed. Cleveland and Evangeline moved to Bagni di Lucca, Italy in 1910, where they cared for Evangeline’s ill brother and settled there after his death. They lived there together until Cleveland died during the 1918 Influenza Pandemic. After her death, Evangeline wrote “the light has gone out for me…the loss of this noble and great soul is a blow that I shall not recover from”. Evangeline died in 1930 and is buried in the cemetery in Italy next to Rose. Many of their letters remain an important part of LGBTQ history.
Andy Warhol (1928 - 1987)

Andy Warhol was an American artist, director, and producer who was a leading figure in the pop art movement of the 1950’s to 1970’s. This movement focused on combining fine art with elements of popular culture, hence the name pop art. Warhol’s paintings focused on mass produced consumer goods and celebrity portraits. Warhol’s most famous pieces include Campbell’s Soup Cans (1962), Green Coca-Cola Bottles (1962), Marilyn Diptych (1962), and Mao Tse-Tung (1972). He also directed and produced experimental films including Empire (1964) and Chelsea Girls (1966). His New York City gallery, The Factory, was a popular gathering place for artists, musicians, actors, socialites, and celebrities. In 1966, he became the manager of rock band The Velvet Underground, which became the house band of The Factory. In 1969, he created Interview magazine, which features interviews with celebrities, artists, musicians, and other creatives. Warhol lived openly as a gay man before the gay liberation movement and had a series of male partners. He said his sexuality was a major influence of his work. Warhol died on February 22, 1987 due to complications from a gallbladder surgery. Andy Warhol is regarded as one of America’s most famous visual artists.
Gladys Bentley (1907 - 1960)

Gladys Bentley was an American blues singer, pianist, and entertainer during the Harlem Renaissance of the 1920’s and 1930’s. Her career took off after performing at Harry Hansberry’s Clam House, a well known gay speakeasy in New York City. She gained popularity as a black, lesbian, cross dressing performer. She performed in men’s clothes and was backed up by a chorus of drag queens. She sang with a deep, growling voice, and took popular songs and added her own raunchy lyrics while flirting with women in the audience. Despite being openly lesbian in the beginning of her career, she later started wearing dresses and married during the more conservative 1950’s in order to adapt to the mindset of the time period. Bentley died of pneumonia in 1960 and is remembered as an icon of both the LGBTQ and Black communities.
Willem Arondeus (1894 - 1943)

Willem Arondeus was an openly gay Dutch artist and writer who fought for the Dutch resistance against Nazi occupation during World War II. Prior to the war, he wished to work as an artist, but he found very little popularity, so he turned to writing instead. After Germany occupied The Netherlands, Arondeus joined the Resistance Movement, publishing underground periodicals and forging documents. His most famous endeavor, was his involvement in the bombing of the Amsterdam Civil Registry in 1943. The Civil Registry was established following the German invasion and occupation of the Netherlands in 1940 and was used to keep records of all residents of the country and identified those who were Jewish, resistance members, and those who could be called up for forced labor. On March 27, resistance members, including Arondeus, entered the building by disguising themselves as police officers and sedating the guards. They then piled all the documents on the floor and set of explosives. They fire department delayed putting out the fire and then doused the whole building with water. 800,000 ID cards were destroyed in total. Unfortunately, someone betrayed Arondeus and he was subsequently arrested, tried, and sentenced to death. Before his execution, his last words were “tell people that homosexuals are not cowards”.
Gilbert Baker (1951 - 2017)

Gilbert Baker was an American artist and designer who is the original creator of the LGBTQ Rainbow Pride flag. He joined the anti-war movement in the 1970’s where he met, and became friends with, Harvey Milk. Milk commissioned Baker to create a flag that could represent gay pride. Using the American flag as inspiration, Baker hand sew the original flag, which had eight colored stripes (two more than the modern version). Each color represents a different aspect important to the gay community: (from hot pink to violet) sex, life, healing, sunlight, nature, magic, serenity, and spirit. The flag was first flown in San Francisco on June 25, 1978, for gay pride day. Baker died in 2017, and is regarded as a major figure in the pride movement. Today there are many different variations of the Pride flag, with each one representing a different group from the gay community
Larry Kramer (1935 - 2020)

Larry Kramer was an American playwright, author, film producer, and gay rights activist, who worked to bring awareness to the AIDS crisis in the 1980’s. He began his career writing scripts for Columbia pictures, winning an Academy Award for the 1969 film Women in Love. After witnessing the disease later known as AIDS spread among his friends, Kramer became involved in gay activism. In 1982, Kramer co-founded Gay Men’s Health Crisis, now known as GMHC, which provides social services for those infected with AIDS, along with testing, legal assistance, and mental health support. It’s currently the largest AIDS assistance organization in the world After, growing frustrated with the government paralysis and apathy towards gay men, he wanted to engage in further action, so in 1987, he helped found the AIDS Coalition to Unleash Power (ACT UP). ACT UP is a direct action protest organization that works to change legislation and public policy to end the AIDS crisis. ACT UP soon had chapters in cities all over the United States. The movement then spread internationally, with separate movements being established in other countries including the United Kingdom, Canada, France, India, and Germany. In 1992, Kramer wrote the play ‘The Destiny of Me’, which follows a character from his 1985 play ‘The Normal Heart’ seeking experimental treatment for AIDS. The play was a finalist for the Pulitzer Prize. The Normal Heart debuted on Broadway in 2011, and was adapted into an HBO movie in 2014. Kramer died of pneumonia on May 27, 2020.
Bessie Smith (1894 - 1937)

Bessie Smith was an American blues singer, nicknamed the ‘Empress of Blues’. She was the most popular female blues singer of the 1930’s. Smith stated her career busking in the streets to help her family financially. In 1912, she auditioned for a music troupe that included blues legend Ma Rainey. She was originally hired as a dancer. Smith began her solo career at the 81 Theater in Atlanta, Georgia. She signed with Columbia Records in 1923. She made 160 recordings for Columbia, accompanied by some of the most famous musicians of the day including Louis Armstrong, Coleman Hawkins, Fletcher Henderson, and Sidney Bechet. She became the highest paid black entertainer of the day. Throughout her career, smith was apologetically herself, having affairs with both men and women. Some speculate her bisexuality was hinted at in the lyrics of her songs, including ‘boy in the boat’: “when you see two women walking hand in hand/Just look ‘em over and try to understand/They’ll go to those parties/Having the lights down low/Only those parties where women can go”. Sadly, her career was cut short in 1937, when she died at the age of 43 due to injuries sustained in a car accident enroute to Chattanooga, Tennessee. Her funeral was attended by more then 5,000 people. In 1989, she was inducted into the Rock and Roll Hall of Fame, with an entry saying her reign was “definitive, unprecedented, and glorious”.
James Baldwin (1924 - 1987)

James Baldwin was an American writer who gained critical acclaim across multiple forms, including essays, novels, plays, and poems. In 1953, he published his first book ‘Go Tell it on the Mountain’, a semi-autobiographical novel which tells the story of a young African American man who grew up in Harlem, New York City, and his relationship with his family and the Pentecostal Church. In 1998, Modern Library ranked the book 39th on its list of 100 best English language novels of the 20th century. In 2005, Time Magazine included the book in its list of the 100 Best Novels from 1923 (when Time was first published) to 2005. In 1956, Baldwin wrote ‘Giovanni’s Room’ whose main character was a gay American man living in Paris, France, who began an affair with an Italian bartender named Giovanni, whom he met at a Gay bar. Gay and Bisexual men are also frequently featured in his other works. His unfinished manuscript Remember This House was expanded and adapted in the 2016 Oscar nominated documentary I Am Not Your Negro, which won the BAFTA Award for Best Documentary. His 1974 novel ‘If Beale Street Could Talk’ was adapted into a movie in 2018, which won Best Supporting Actress for Regina King at the 91st Academy Awards, where the film was also nominated for Best Adapted Screenplay and Best Original Score. King also received Best Supporting Actress at the 76th Golden Globe Awards and 24th Critics Choice Awards. Both the National Board of Review and the American Film Institute included it in their top 10 films of 2018. Today, James Baldwin is considered one of the most famous LGBTQ writers in American history.
#history#queer pride#pride month#queer stuff#queer history#lgbtq#bisexual#homoseuxality#gay pride#pride 2023
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Global AI Cybersecurity Agreement Signed At Turing's Bletchley Park

Source: https://www.darkreading.com/vulnerabilities-threats/global-ai-cybersecurity-agreement-signed-at-turing-s-bletchley-park-
More info: https://www.gov.uk/government/publications/ai-safety-summit-2023-the-bletchley-declaration/the-bletchley-declaration-by-countries-attending-the-ai-safety-summit-1-2-november-2023
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Harnessing the power of agentic AI effectively will require a multistakeholder approach–businesses, governments, nonprofits, and academia working together to create guardrails and guidelines. We are already seeing some of this in efforts such as the framework by the G7 nations emphasizing accountability, transparency, safety and data privacy. Another example is the Bletchley Declaration by 28 countries and the European Union that emerged from the UK AI Safety Summit that I and other tech CEOs attended last year, agreeing to collaborate on AI safety and development.
How new digital workers will lead to an unlimited age
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BLETCHLEY PARK FORTIES WEEKEND.
My 1947 Bentley Mk VI was placed in pride of place in front of the Bletchley Park Mansion, the home of World War Two code breaking and I have to say what a magnificent building it is, however it was not as well received by some of the wartime staff members, especially one particular American architect, Landis Gores. He declared the building to be, a maudlin and monstrous pile probably…

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Global AI Safety Hindered by Indecision, Regulatory Delays | Daily Reports Online
Governments seek to create security safeguards around artificial intelligence, but roadblocks and indecision are delaying cross-nation agreements on priorities and obstacles to avoid. In November 2023, Great Britain published its Bletchley Declaration, agreeing to boost global efforts to cooperate on artificial intelligence safety with 28 countries, including the United States, China, and the…
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UK to spend $125m on AI research and regulation

The United Kingdom has unveiled plans to spend over 100 million pounds ($125m) on research and training related to artificial intelligence (AI).
Under the plans announced on Tuesday, the government will launch nine new AI research hubs across the UK, support research projects examining the responsible use of AI in education, policing and creative industries, and train regulators on managing the risks and benefits of the technology.
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Secretary of State for Science, Innovation and Technology Michelle Donelan said AI had the potential to “transform our public services and the economy for the better” and produce treatments for diseases like cancer and dementia.
“AI is moving fast, but we have shown that humans can move just as fast. By taking an agile, sector-specific approach, we have begun to grip the risks immediately, which in turn is paving the way for the UK to become one of the first countries in the world to reap the benefits of AI safely,” Donelan said in a statement.
The announcement comes after the UK in November launched the world’s first institute dedicated to AI safety and hosted a global summit on the topic, at which more than 25 countries signed the so-called Bletchley Declaration acknowledging the technology’s risks of “serious, even catastrophic, harm”.
UK Prime Minister Rishi Sunak has sought to position his country as a leader in AI regulation, arguing that only governments can properly assess the risks of the technology and possess the “power and legitimacy to keep their people safe”.
Executives at leading players in AI, including Microsoft, Google and Amazon, welcomed the government’s announcement.
“The hub and spoke model will help the UK benefit from the domain expertise of regulators, as well as provide clarity to the AI ecosystem – and I’m particularly supportive of the commitment to support regulators with further resources,” Google DeepMind’s Chief Operating Officer Lila Ibrahim said in a statement.
“AI represents an opportunity to drive progress for humanity, and we look forward to working with the government to ensure that the UK can continue to be a global leader in AI research and set the standard for good regulation.”
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AI has rise to deepfake video & audio of political leaders
On Monday in the House of Lords there was a session called Artificial Intelligence and it was opened by Desmond Browne, a Labour representative from Scotland. He stated “To ask His Majesty’s Government, further to the Bletchley Declaration, what timescale they believe is appropriate for the introduction of further UK legislation to regulate artificial intelligence.” and the whole of the session…
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That order commanded federal agencies and departments to begin writing rules and explore how they can incorporate AI to improve their current work. The administration also signed onto the UK’s Bletchley Declaration, a multi-country commitment to develop and deploy AI in a way that’s “human-centric, trustworthy, and responsible.
The Feds vs. California: Inside the twin efforts to regulate AI in the US
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President Biden issues first National Security Memorandum on AI
New Post has been published on https://thedigitalinsider.com/president-biden-issues-first-national-security-memorandum-on-ai/
President Biden issues first National Security Memorandum on AI
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President Biden has issued the US’ first-ever National Security Memorandum (NSM) on AI, addressing how the nation approaches the technology from a security perspective.
The memorandum, which builds upon Biden’s earlier executive order on AI, is founded on the premise that cutting-edge AI developments will substantially impact national security and foreign policy in the immediate future.
Security experts suggest the implications are already being felt. “AI already has implications for national security, as we know that more and more attackers are using AI to create higher volume and more complex attacks, especially in the social engineering and misinformation fronts,” says Melissa Ruzzi, Director of AI at AppOmni.
At its core, the NSM outlines three primary objectives: establishing US leadership in safe AI development, leveraging AI technologies for national security, and fostering international governance frameworks.
“Our competitors want to upend US AI leadership and have employed economic and technological espionage in efforts to steal US technology,” the memorandum states, elevating the protection of American AI innovations to a “top-tier intelligence priority.”
The document formally designates the AI Safety Institute as the primary governmental point of contact for the AI industry. This institute will be staffed with technical experts and will maintain close partnerships with national security agencies, including the intelligence community, Department of Defence, and Department of Energy.
“The actions listed in the memo are great starting points to get a good picture of the status quo and obtain enough information to make decisions based on data, instead of jumping to conclusions to make decisions based on vague assumptions,” Ruzzi explains.
However, Ruzzi cautions that “the data that needs to be collected on the actions is not trivial, and even with the data, assumptions and trade-offs will be necessary for final decision making. Making decisions after data gathering is where the big challenge will be.”
In a notable move to democratise AI research, the memorandum reinforces support for the National AI Research Resource pilot programme. This initiative aims to extend AI research capabilities beyond major tech firms to universities, civil society organisations, and small businesses.
The NSM introduces the Framework to Advance AI Governance and Risk Management in National Security (PDF), which establishes comprehensive guidelines for implementing AI in national security applications. These guidelines mandate rigorous risk assessment procedures and safeguards against privacy invasions, bias, discrimination, and human rights violations.
Security considerations feature prominently in the framework, with Ruzzi emphasising their importance: “Cybersecurity of AI is crucial – we know that if AI is misconfigured, it can pose risks similar to misconfigurations in SaaS applications that cause confidential data to be exposed.”
On the international front, the memorandum builds upon recent diplomatic achievements, including the G7’s International Code of Conduct on AI and agreements reached at the Bletchley and Seoul AI Safety Summits. Notably, 56 nations have endorsed the US-led Political Declaration on the Military Use of AI and Autonomy.
The Biden administration has also secured a diplomatic victory with the passage of the first UN General Assembly Resolution on AI, which garnered unanimous support, including co-sponsorship from China.
The memorandum emphasises the critical role of semiconductor manufacturing in AI development, connecting to Biden’s earlier CHIPS Act. It directs actions to enhance chip supply chain security and diversity, ensuring American leadership in advanced computing infrastructure.
This latest initiative forms part of the Biden-Harris Administration’s broader strategy for responsible innovation in the AI sector, reinforcing America’s commitment to maintaining technological leadership while upholding democratic values and human rights.
(Photo by Nils Huenerfuerst)
See also: EU AI Act: Early prep could give businesses competitive edge
Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including Intelligent Automation Conference, BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.
Explore other upcoming enterprise technology events and webinars powered by TechForge here.
Tags: ai, artificial intelligence, biden, framework, government, memorandum, nsm, security, usa
#Administration#ai#ai & big data expo#ai act#AI development#AI research#ai research resource#ai safety#America#American#amp#applications#Articles#artificial#Artificial Intelligence#assessment#attackers#automation#Bias#biden#Big Data#california#challenge#China#chip#chips#chips act#Cloud#code#Community
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Tan Sheng Zheng’s point of view: How the Bletchley Declaration reshaped the US stock market
On November 17, 2023, the US stock market is at the forefront of artificial intelligence technology development. This month, with the release of the Brichelli Declaration, a global statement on AI technology, the market's concern for regulation, ethics, and technological risks has significantly increased. In this context, financial expert Tan Sheng Zheng points out that investors must have a deep understanding of the trends and potential risks of AI technology in order to make wise decisions. As renowned financier Warren Buffett said, "Risk comes from not knowing what you're doing." This statement is particularly relevant in the current US stock market, emphasizing the importance of profound insights and understanding of the market in the AI era.
As the first international declaration on artificial intelligence technology, the Brichelli Declaration focuses on the global concerns about the risks that AI technology may bring, including threats to human existence and the amplification of information biases. This declaration reflects different views and strategies on AI development globally, particularly the differences in priorities for AI regulation between the United Kingdom and the United States. Consensus among 28 countries, including the European Union, is that artificial intelligence poses a potential catastrophic risk to humanity. This consensus has significant implications for global markets, including the US stock market.
The current state of the US stock market shows strong performance in technology stocks, especially large tech companies like Apple, Amazon, and Microsoft. However, market volatility has also increased noticeably, with investor sentiment towards tech stocks fluctuating due to global economic conditions and technological innovations. The investments and achievements of tech giants like Google and Apple in the field of artificial intelligence have become important factors influencing their stock prices. Government regulations, especially in the field of artificial intelligence, have become a key variable affecting the US stock market.
Tan Sheng Zheng mentions that investors in the US stock market need to have a deep understanding of the "Three-line Determines the Universe" strategy. This technical analysis method based on moving averages can help investors grasp trends, avoid risks, and find suitable buying and selling opportunities in volatile markets. The key to understanding and applying this strategy lies in a deep understanding of moving averages and a sensitive grasp of market dynamics.
Considering the potential regulatory changes brought about by the Brichelli Declaration, Tan Sheng Zheng suggests that investors should pay more attention to the long-term value of technology stocks and the innovative capabilities of companies. He believes that in this ever-changing market environment, investors should use technical analysis tools like the "Three-line Determines the Universe" to flexibly adjust their investment strategies to adapt to changing market conditions.
Potential risks faced by the US stock market include regulatory policy uncertainties, which may impact the operations and profitability of tech companies and subsequently affect stock prices. As AI technology develops, related technological risks also increase, which may have adverse effects on companies relying on these technologies. The uncertainty of the global economic environment may affect the overall performance of the US stock market. According to Tan Sheng Zheng's advice, investors should focus on the long-term trends of the market and avoid making impulsive investment decisions based on short-term fluctuations. He also reminds investors to diversify their portfolios to reduce risks associated with individual stocks or industries.
In conclusion, the US stock market faces complex challenges and opportunities in the context of artificial intelligence technology development. The release of the Brichelli Declaration is not only an international recognition of the potential risks of AI technology but also an important indication of the future trends of global stock markets, especially in the tech sector. Tan Sheng Zheng emphasizes that investors should focus on the long-term value of technology stocks while being cautious of potential regulatory and technological risks to ensure the stability of their investments.
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Just to Know!
The Artificial Intelligence (AI) Safety Summit 2023 held at Bletchley Park, England has marked a significant turning point in the global approach to tackling the challenges posed by frontier AI technologies.
To tackle these challenges, 28 major countries, including the United States, China, India, and the European Union, signed the Bletchley Park Declaration at this first-ever AI Safety Summit.
This landmark declaration seeks to create a collective understanding and coordinated approach to address the potential risks and benefits of advanced AI systems, known as frontier AI.
The Bletchley Park Declaration is the first global pact on tackling frontier AI risks, and it reflects a high-level political consensus and commitment among the major AI players in the world.
It acknowledges the potential of AI to enhance human well-being but also recognizes the risks posed by AI, especially frontier AI, which may cause serious harm, either deliberate or unintentional, particularly in domains like cybersecurity, biotechnology, and disinformation.
It emphasizes the need for international cooperation to address AI-related risks, as they are inherently global, and calls for collaboration among all actors, including companies, civil society, and academia.
The declaration also announces the establishment of a regular AI Safety Summit, which will provide a platform for dialogue and collaboration on frontier AI safety.The next summit will be hosted by France within a year, and South Korea will co-host a mini virtual AI summit in the next six months.
India has shifted from a stance of not considering AI regulation to actively formulating regulations based on a risk-based, user-harm approach.India called for a global framework for the expansion of "ethical" AI tools, signaling a commitment to responsible AI usage.
India has shown interest in establishing regulatory bodies at both domestic and international levels to ensure the responsible use of AI.
Digital India Act, 2023 which is yet to Implement , is expected to introduce issue-specific regulations for online intermediaries, including AI-based platforms.
#general knowledge#affairsmastery#india#generalknowledge#current events#current news#artificial intelligence#digitalindia#ethical conduct#safety#privacy#information#ai
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