Will The AI Action Plan Make Britain the World Leader in The AI Industry?
On 13 January, British Prime Minister Keir Starmer announced a big 50-point AI action plan to position the UK as a global leader in AI, to catalyze a “decade of national renewal.”
The goal-oriented action planning AI draws on recommendations from venture capitalist Matt Clifford to bring into being “national renewal” for innovation, investment, and global collaboration in AI development and regulation.
AI Opportunities Action Plan
The UK’s plan of action for using AI includes a 20-fold expansion of state-owned AI computing capacity. Moreover, the AI goal-oriented action planning include establishing a National Data Library and an AI Energy Council to bring the energy needs of the sector.
“Artificial Intelligence will drive incredible change in our country. From teachers personalizing lessons, to supporting small businesses with their record-keeping, to speeding up planning applications, it has the potential to transform the lives of working people,” said Prime Minister Starmer.
The government thinks that AI has the potential to put an additional $57 million USD (£47 billion) to the economy each year. This estimation is based on a study by the International Monetary Fund that proved technology to increase and boost productivity by 1.5% points yearly.
“Our plan will make Britain the world leader. It will give the industry the foundation it needs and will turbocharge the Plan for Change,” Starmer added.
The British PM also emphasized that the AI action plan has great potential to increase opportunities and improve life on multiple levels, from education to small businesses.
“That means more jobs and investment in the UK, more money in people’s pockets, and transformed public services. That’s the change this government is delivering.”
The AI action plan surfaces amid zero growth in 2024’s third quarter (Q3) and economic uncertainty, fearing a potential recession, igniting fears of a potential recession. PM Stammer also showed optimism towards AI action planning, believing it will bring innovation that will lead to economic recovery.
Final Thoughts
There is a high potential for the UK and AI action plan to work out. The following plan underscores the long-term thinking vision that Stammer has for the UK’s economy. By bringing more innovation through AI growth and job creation, the AI action plan will give Britain a push toward becoming a world leader in the industry.
What are the obstacles it will face against countries that are already on the top list of the AI industry? And how is this going to affect the work the UK is putting to reach the top?
Inside Telecom provides you with an extensive list of content covering all aspects of the tech industry. Keep an eye on our Tech sections to stay informed and up-to-date with our daily articles.