Tuesday, 23 July 2019

Artificial intelligence in the UK: Prospects and Challenges

New Report from McKinsey GI [with grateful thanks to the South West Skills Newsletter for this item]

Advances in artificial intelligence (AI) technologies are pushing the frontier of what machines are capable of doing in the private, public, and social sectors. These technologies have already diffused into many businesses and sectors, and they have the potential to transform operations and business models, eventually powering higher productivity and growth across economies.

No other country comes close to the United States and China, the world’s powers in the deploymentof AI, but the United Kingdom is one of Europe’s leaders.

In this briefing note, we build on previous research on AI globally and in Europe. We explore the prospective benefits to the economy and companies that could result from scaling up AI,and we outline the priorities for businesses in the United Kingdom that seek to reap those benefits.

Full text (PDF 12pp)


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