Marc Ambasna-Jones' latest article on "What does the UK’s £14bn AI ambition mean for innovation and start-ups?" in Foresight journal has quoted Oliver. The article investigates the challenges and choices, and what next steps in AI strategy are key to achieving targets and creating real opportunities for innovators.
“Translating this ambitious plan into reality will require careful planning and execution,” says Oliver King-Smith, CEO of Edinburgh-based SmartR AI. “Ensuring effective collaboration between government, industry, and academia will be critical.” King-Smith adds that while the plan mentions addressing security risks, “it’s important to ensure that ethical considerations are at the forefront of AI development and deployment. This includes issues like privacy, accountability, and the potential impact on employment.”
The article concludes that prioritising will be essential, and the proof will be in the delivery of the strategy.
"If the strategy can lay the foundations, level the playing field for innovators and start-ups and deliver easy access to AI tools, it can transform and accelerate ideas. This in turn should attract investment. In short, this is a strategy to be welcomed – but the real proof will be in the delivery."
Check out the full article here