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UK Invests £100 Million in AI Research & Regulation

February 8, 2024
UK Invests £100 Million in AI Research & Regulation
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The UK government has announced a significant investment exceeding £100 million in artificial intelligence (AI) research, development, and regulation. This move, a response to the AI White Paper released in March 2023, marks the UK’s first formal reaction to the burgeoning field of AI.

Unlike the comprehensive AI regulation in the European Union, the UK’s declaration leans more towards the “innovation-friendly” approach advocated in the White Paper. The government aims to establish rules that could be “more flexible” than those of competing nations, emphasizing that it “will not rush into legislation.” Instead, a context-based approach will be maintained, enabling regulatory bodies to address potential risks effectively.

Regulatory Bodies Gear Up with £10 Million Funding

To this end, the UK pledges £10 million to prepare regulatory bodies and enhance their skills in assessing the opportunities and risks associated with technology. Key regulatory entities, including Ofcom and the Competition and Markets Authority, are expected to publish their individual approaches by April 30.

Minister’s Statement on Agile Approach

Michelle Donelan, the Minister of State for Science, Innovation, and Technology, stated, “By adopting an agile, sector-specific approach, we are immediately addressing risks, paving the way for the UK to become one of the first nations to safely reap the benefits of AI.”

Focus on Domestic AI Support

Highlighting the government’s focus on supporting domestic AI over establishing regulations, the majority of the funding is directed towards research and development. Specifically, £90 million will support the launch of nine research centers across the country to maximize technology benefits and ensure the responsible deployment of AI.

AHRC’s Contribution to Responsible AI

An additional £2 million from the Arts and Humanities Research Council (AHRC) will explore what “responsible AI” looks like in sectors such as education and the creative industries.

Accelerating AI and Machine Learning Solutions

Approximately £19 million will be allocated to 21 projects aimed at accelerating the deployment of AI and machine learning solutions.

Quantum Technology Investment

Meanwhile, the UK is also investing £45 million in quantum technologies, targeting devices and applications in healthcare and transportation. Of this, £30 million is allocated for developing quantum computers, with the remaining £15 million aimed at integrating quantum technology into the public sector in projects ranging from improving energy networks to treating neurological disorders.

This funding is part of the country’s quantum strategy, committing a total of £2.5 billion between 2024 and 2034. In comparison, the European Union’s flagship Quantum Technologies program has pledged €1 billion until 2028.

Further investment is expected through the European Declaration on Quantum Technologies, a collaboration between 11 member states aiming to transform Europe into the world’s “Quantum Valley.”

This strategic investment by the UK in AI and quantum technologies not only underscores the nation’s commitment to leading in these critical areas of innovation but also highlights a contrast in regulatory philosophies between the UK and the EU.

Tags: UK
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