Fearmongering about AI risks holding British business back

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The risk of missing out on the AI revolution may be just as big as any threat from the technology itself

The Prime Minister delivered a keynote speech on AI on Thursday, ahead of a global summit hosted by the UK next week made a decisive contribution to the fight against fascism, politicians and policymakers will gather next week to figure out how to deal with an equally complex and potentially decisive threat to our nation, society and way of life:

Within the corridors of power among ministers and officials, there are two almost entirely distinct camps on the UK’s thinking about AI: doomsters versus optimists. The former camp is fearful of “superintelligence”, the theoretical point at which computing intelligence overtakes humans and we lose control. The latter camp tends to think the dangers are overblown and being too cautious poses the greater risk. The Prime Minister is seeking to speak to both.

Falling to deploy AI could mean we end up missing out on the biggest technological advances. That’s why Onward has partnered with the Startup Coalition and the Tony Blair Institute to set out exactly how we remain a global leader in this technology, without veering towards over-regulation. There are practical policy levers that can be pulled immediately to strike the right balance.

 

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