UK ANNOUNCES £100 MILLION FOR AN EXPERT TASKFORCE TO BUILD A SAFE AI SYSTEM

Tue 25 Apr 2023:

The UK on Monday announced an initial £100 million ($124 million) fund to develop the safe and reliable use of artificial intelligence across the economy.

The government said in a statement that foundation models, including large language models like ChatGPT and Google Bard, can be used for a wide range of tasks across the economy.

Prime Minister and Technology Secretary announce £100 million in initial start-up funding for taskforce responsible for accelerating the UK’s capability in rapidly-emerging type of artificial intelligence – on top of £900 million investment into compute technology at Budget

foundation models, including large language models like ChatGPT and Google Bard, are AI systems trained on massive data sets which can be used for a wide range of tasks across the economy

investment will fund new government-industry taskforce to ensure sovereign capabilities and broad adoption of safe and reliable foundation models, helping cement the UK’s position as a science and technology superpower by 2030

The new investment will finance the creation of a task force between the government and industry to ensure that there are domestic capabilities and widespread use of secure and dependable foundation models.

“Harnessing the potential of AI provides enormous opportunities to grow our economy, create better-paid jobs, and build a better future through advances in healthcare and security,” the UK’s Prime Minister Rishi Sunak said.

“By investing in emerging technologies through our new expert taskforce, we can continue to lead the way in developing safe and trustworthy AI as part of shaping a more innovative UK economy,” he added.

“Developed responsibly, cutting-edge AI can have a transformative impact in nearly every industry. It can revolutionise the way we develop new medical treatments, tackle climate change and improve our public services, all while growing and future-proofing our economy,” Science, Innovation and Technology Secretary Michelle Donelan said:

He also said “We need to act now to seize the opportunities AI can offer us in the future. We’re backing our expert taskforce with the funding to make our ambitions for an AI-enabled country a reality and keep the UK at the front of the pack in this emerging technology”.

“To ensure such leadership, the greatest capability we can develop is in the safety and reliability of such systems. This will ensure that the public and business have the trust they need to confidently adopt this technology and fully realise its benefits. That is exactly what this taskforce will prioritise,” Donelan said.

The adoption of this technology is expected to boost the global gross domestic product by 7% within a decade, making it a crucial opportunity for the growth of the UK economy, according to the statement.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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