UK Urged to Seize AI Opportunities to Maintain Tech Leadership, Says PM Rishi Sunak

Prime Minister Rishi Sunak will emphasize the need for swift action to preserve the UK’s position as a tech capital during his address to tech leaders, specifically focusing on the opportunities and challenges presented by artificial intelligence (AI). Speaking at the launch of London Tech Week, Sunak will highlight the shifting landscape of technology and urge industry leaders to seize the potential AI offers.

According to advance extracts released by his office, Sunak will stress the importance of not only retaining the country’s status as a global tech hub but also striving to become the premier destination worldwide for starting, growing, and investing in tech businesses. He expresses a sense of urgency and responsibility in ensuring that the UK capitalizes on these opportunities.

Governments globally are grappling with finding a balance between assessing and managing the potential negative impacts of AI while encouraging innovation. In March, Britain opted to distribute regulatory responsibility for AI among existing bodies overseeing human rights, health and safety, and competition, rather than establishing a dedicated AI regulatory entity.

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Sunak will underscore the tech sector’s significance in driving economic growth and outline the government’s collaborative approach with businesses to harness the potential of transformative technologies, including AI. This technology has been likened to the internet in terms of its impact.

During a recent visit to Washington, Sunak announced that the UK would host a global summit on AI safety later this year to address AI risks and explore coordinated international strategies to mitigate them.

Sunak will emphasize the need for safe development in AI, aiming to make the UK not only the intellectual hub but also the physical hub for global AI safety regulation.

Stay tuned for more updates and developments. Thanks for reading!

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