CBI Economics supported a business to better understand the policy landscape.
Artificial Intelligence (AI) is revolutionising our day-to-day lives at a rate quicker than any technology that has come before it. The rapid, emerging nature of AI technology is mirrored in the policy environment that governs it, which is constantly evolving in order to keep up. Despite it becoming ever-present in today’s society, a recent CBI Economics survey has found that just one-sixth (16%) of businesses have implemented AI in their operations, with the majority (58%) yet to embrace AI technology at all.
Businesses are therefore clearly struggling to understand, apply and make the most of AI. CBI Economics recently partnered with a leading UK energy provider to address this challenge – through detailed analysis and horizon-scanning we empowered them with a deeper understanding of the AI policy environment.
Where does the UK’s AI policy environment currently stand?
The 2023 AI Policy White Paper set out a light-touch, principles-based approach to regulating AI in the UK. Rat
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