Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Labour to launch ‘ambitious’ AI strategy to bolster technology credentials

by May 16, 2024
May 16, 2024
Labour to launch ‘ambitious’ AI strategy to bolster technology credentials

Labour’s shadow science minister has said the party is planning to launch its strategy on artificial intelligence (AI) within the next couple of weeks, as it looks to bolster its technology policies ahead of the next general election.

Peter Kyle, Labour’s shadow science, innovation and technology secretary, told an audience of business leaders on Tuesday night: “In a couple of weeks’ time you’ll see the launch of the AI strategy and you’re going to start to see, as we approach the government, the sheer scale of ambition that we have for what we can do together.”

“We are formulating a plan for government that will harness your innovation and your insight into the economy, the drive that you have,” added Kyle, who was speaking at a Labour business dinner held at London’s Science Museum.

“If it is out there in the private sector creating wealth and jobs for our country, then we want to make sure that you have the economy that fully capitalises it and that you don’t have to go abroad to get the money that you need to upscale…and the skills that you need.”

Attendee Steven George-Hilley, founder of city PR firm Centropy said: “Having a national AI strategy in place is critical for ensuring the UK remains a global hub of tech innovation. As we approach the general election, it’s critical that all parties put forward clear action plans for embracing AI to accelerate economic growth.”

Derek Mackenzie, CEO of Investigo, part of The IN Group, said: “It’s encouraging to see AI at the top of the political agenda, particularly with the UK’s skills shortage leaving businesses struggling to recruit the highly skilled staff they need to reap the full benefits of the technology.  Moving forward, we need to see more collaboration between policymakers, businesses, and academic institutions to ensure the UK is training the next generation of AI talent, as well as spreading skills across existing workforces.”

Libero Raspa, director of IT consultancy adesso UK “AI is a truly transformational technology that will have a profound impact on the way businesses operate and turbocharge the UK economy. It’s critical that policymakers have a clear action plan in place to ensure it is deployed both ethically and responsibly. However, policymakers need to strike a balance between necessary regulation and fostering an environment conducive to innovation. With the support of industry experts, innovation hubs, and cross-sector committees, they can better understand the stages at which their actions impact innovation and be better positioned to protect public interests while also encouraging technological and business advancements.”

Read more:
Labour to launch ‘ambitious’ AI strategy to bolster technology credentials

0
FacebookTwitterGoogle +Pinterest
previous post
Fox News Poll: Who is leading the presidential race and other frequently asked questions about 2024
next post
Cost of British Lamb Soars Amid Rising Demand and Import Issues

You may also like

7 SEO predictions to perfect your online marketing...

December 22, 2022

Information commissioner warns firms over ‘emotional analysis’ technologies

October 26, 2022

Tradelly.AI Review – A Crypto Trading Platform that...

March 7, 2024

10 Important Lessons Businesses Can Take from Other...

April 11, 2025

Why Guests Ignore Guest Feedback Forms—And How to...

February 20, 2025

Business Matters’ Secrets of Success: Brendan Noud

October 2, 2024

Elon Musk set to charge Twitter elite $8...

November 2, 2022

UK Carmakers put foot down with over 526,000...

August 31, 2023

UK SME’s more optimistic about their outlook as...

February 21, 2023

New EU Ombudsman must carry on transparency crusade...

December 23, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • PETA applauds GOP lawmakers’ demand to halt NIH funding for ‘cruel’ overseas animal testing

      July 18, 2025
    • State Department says US ‘unequivocally condemns’ Israeli airstrike in Syria, calls for ‘dialogue’

      July 18, 2025
    • Senators push back against Vought’s call for more partisan spending process

      July 18, 2025
    • Johnson demands NARA turn over records related to Biden’s mental ‘decline’ amid Senate probe of ‘cover-up’

      July 17, 2025
    • White House pushes back forcefully on Epstein file criticism: ‘Asinine suggestion’

      July 17, 2025
    • ‘Irrelevant’: Senators push back against Vought’s call for more partisan spending process

      July 17, 2025

    Categories

    • Business (8,510)
    • Investing (2,128)
    • Politics (16,101)
    • Stocks (3,217)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved