AI moving fast: UK spends $125 million on AI hub, regulated | technology news – ExBulletin

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The Minister for Skills said technology had the potential to transform public services and the economy for the better.

The United Kingdom has revealed plans to spend more than 100 million pounds ($125 million) on artificial intelligence (AI)-related research and training.

Under plans announced on Tuesday, the government will establish nine new AI research hubs across the UK, support research projects examining the responsible use of AI in education, policing and the creative industries, and manage the risks and benefits of the technology. We will be training regulators on how to do this.

Minister for Science, Innovation and Skills Michelle Donelan said AI had the potential to transform public services and the economy for the better and produce treatments for diseases such as cancer and dementia.

AI is moving fast, but we’ve shown that humans can move just as fast. By taking an agile, sector-specific approach, we began to identify risks immediately, ultimately paving the way for the UK to become one of the first countries in the world to safely reap the benefits of AI, Donelan said. name.

The announcement comes after the UK established the world’s first research institute dedicated to AI safety last November and hosted a global summit on the topic. At this summit, more than 25 countries signed the so-called Bletchley Declaration, acknowledging the technology’s risk of serious and even catastrophic damage. .

British Chancellor Rishi Sunak has sought to position his country as a leader in AI regulation, arguing that only the government has the power and legitimacy to properly assess the technology’s risks and keep its citizens safe.

Executives from leading companies in the AI field, including Microsoft, Google, and Amazon, welcomed the government’s announcement.

The hub-and-spoke model will help the UK leverage the expertise of regulators, as well as provide clarity to the AI ecosystem. In particular, I support the commitment to support regulators with additional resources, said Lila Ibrahim, Chief Operating Officer of Google DeepMinds. name.

AI represents an opportunity to drive progress for humanity, and we look forward to working with the Government to ensure the UK continues to be a global leader in AI research and sets the standards for good regulation.

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