PM Starmer sets out an ambitious plan to make the UK an AI superpower

Source Cryptopolitan

British Prime Minister Keir Starmer is set to unveil a 50-point plan to achieve the goal of turning the UK into a world leader in AI. This comes as the country is looking at creating a home-grown challenger to success stories like OpenAI’s ChatGPT.

The Premier will deliver what is dubbed the AI Opportunities Action Plan, which is said to give a ‘decade of national renewal.’ According to the Department of Science, Innovation and Technology and the Prime Minister’s Office, the project is set to create dedicated AI growth zones to “turbocharge growth” and “boost living standards.”

Starmer’s administration to increase compute capacity in the UK twentyfold

A joint statement by the PM’s office and the Department of Science, Innovation, and Technology indicates that Culham and Oxfordshire will have faster planning approvals for data centers and better access to the energy grid, and establish the first growth zones.

Matt Clifford, a venture capitalist made 50 recommendations in a report commissioned by the Labour Party government last year which were all adopted. The blueprint also proposes a 20-fold increase in state-owned AI computing capacity as well as the establishment of a National Data Library and a dedicated AI Energy Council.

“Artificial Intelligence will drive incredible change in our country. From teachers personalizing lessons, to supporting small businesses with their record-keeping, to speeding up planning applications, it has the potential to transform the lives of working people,” said Starmer.

“But the AI industry needs a government that is on their side, one that will not sit back and let opportunities slip through its fingers. And in a world of fierce competition, we cannot stand by.”

Starmer.

Last year, Starmer’s administration canceled a £1.3 billion pound taxpayer-funded commitment to two significant computing initiatives to prioritize fiscal plans. The projects, which included an AI Research Resource were pledges made under Rishi Sunak, Starmer’s predecessor.

Now, the Prime Minister’s announcement comes as his government is hemorrhaging support after a mere six months in office as the economy is in a sluggish condition.

With fears that the country might be headed for a second recession in the span of a year, the UK economy grew by 0% in the third quarter of 2024.

According to an analysis by the International Monetary Fund (IMF) that found that AI could boost productivity by as much as 1.5 percentage points a year, the UK government has estimated that AI could be worth $57 million in economic gains each year over a decade.

The UK ranks third in AI prowess globally, after China and the US, according to the 2023 Global AI Vibrancy Ranking compiled by Stanford University.

UK will require partnerships including those with startups

Referring to the six milestones he has set out for his government, including raising living standards for households and reducing hospital waiting lists, the Prime Minister said, “Our plan will make Britain the world leader. It will give the industry the foundation it needs and will turbocharge the Plan for Change.

“That means more jobs and investment in the UK, more money in people’s pockets and transformed public services. That’s the change this government is delivering.”

Starmer.

According to Secretary of State for Science, Innovation and Technology, Peter Kyle investing in building a deep and continually updated understanding of AI capabilities mapped to their highest impact challenges and opportunities will improve livelihoods.

“It will require appointing an AI lead for each mission to help identify where AI could be a solution within the mission setting, considering the user needs from the outset,” he said.

The Labour-led government believes in a cross-government technical horizon scanning and market intelligence capability that understands AI capabilities and use cases as they evolve to work closely with the mission leads and maximize the expertise of both.

“Two-way partnerships with AI vendors and startups to anticipate future AI developments and signal public sector demand will be set up with government.”

Kyle.

This plan involves the government meeting product teams to understand upcoming releases and shape development by sharing their challenges. It also includes rapidly developing prototypes or fast light touch procurement to spin up pilots in high-impact areas, robust evaluation, and publishing results.

“This will require consistent use of a framework for how to source AI whether to build in-house, buy, or run innovation challenges, that evolve over time, given data, capability, industry context, and evaluation of what has worked,” added Kyle.

Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
U.S. to freeze and take control of Venezuela's Bitcoin holdings after Maduro captureThe United States is allegedly moving to freeze and take control of Bitcoin held by Venezuela after the capture of Nicolás Maduro, who is now facing narco-terrorism charges in a federal court in New York. Crypto prices began to rally right after the news broke, as Cryptopolitan earlier reported that Bitcoin led the gains to […]
Author  Cryptopolitan
Yesterday 01: 41
The United States is allegedly moving to freeze and take control of Bitcoin held by Venezuela after the capture of Nicolás Maduro, who is now facing narco-terrorism charges in a federal court in New York. Crypto prices began to rally right after the news broke, as Cryptopolitan earlier reported that Bitcoin led the gains to […]
placeholder
XRP Surges Towards $2.20, Leading Monday Gains as Crypto ETF Flows Tilt in Its FavorXRP rebounds above $2.20 after a 17% weekly surge, supported by $483 million of ETF inflows versus $1.09 billion outflows for Bitcoin ETFs and a $564 million loss for Ethereum products, as traders watch $2.22 resistance and longer-range targets.
Author  Mitrade
Yesterday 08: 14
XRP rebounds above $2.20 after a 17% weekly surge, supported by $483 million of ETF inflows versus $1.09 billion outflows for Bitcoin ETFs and a $564 million loss for Ethereum products, as traders watch $2.22 resistance and longer-range targets.
placeholder
Bitcoin Buying Metric With 109% Average Gains Turns Bullish at $88KInstitutional buying of Bitcoin has surpassed miner supply, driven by renewed investment interest.
Author  Mitrade
Yesterday 09: 44
Institutional buying of Bitcoin has surpassed miner supply, driven by renewed investment interest.
placeholder
Silver Price Forecast: XAG/USD bulls look to build on momentum beyond $79.00Silver (XAG/USD) builds on the previous day's positive move and gains strong follow-through traction for the second straight day on Tuesday.
Author  FXStreet
Yesterday 10: 29
Silver (XAG/USD) builds on the previous day's positive move and gains strong follow-through traction for the second straight day on Tuesday.
placeholder
Silver Price Analysis: XAG/USD explodes above $80 as rally extendsSilver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.
Author  FXStreet
13 hours ago
Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US Dollar.
goTop
quote