How AI governance can support growth

The UK is at a pivotal moment in its AI journey

Artificial Intelligence (AI) has quickly become a part of our normal lives and is helping to overcome complex societal and economic challenges. AI diffusion could add £38bn to UK GVA by 2030 whilst contributing to addressing labour shortages, climate change and a stretched healthcare system. Considering its growing importance, the government and businesses are looking to create an AI governance ecosystem that promotes innovation and ensures safety and security in AI systems.

Several efforts are underway including:

• The government’s upcoming AI governance white paper
• The Commons Science & Technology Committee inquiry into the governance of artificial intelligence
• The Vallance review of the regulation of emerging technologies.

To support the government to develop a world leading AI governance ecosystem, the CBI has worked with businesses across the economy to put together recommendations that ensure a pro-innovation, proportionate, coordinated and trust-building approach is taken.

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