Debbie Weinstein, managing director of Google UK and Ireland, said:
“We are very conscious of the impact this technology has on people.
“Obviously, some jobs will be lost, but there will also be entirely new jobs created.”
Weinstein added that Google is focusing on “upskilling” its employees to ensure that they are reaping the benefits of AI.
“We want to make sure everyone has the skills they need. doing.”
economic revitalization
A Google report says AI could boost the UK’s digital economy by £400bn by the end of 2010.
The report, Google’s first three-year study of the UK’s economic impact, shows that AI has the power to “accelerate” Britain’s long-lost productivity.
The report estimates that the AI boost to the economy will equate to 2.6% annual growth, generating £200bn in additional revenues for public services and “turning around the recent growth slump”. does not consider the impact on society. some work or business.
FundMyPitch CEO Steven Mooney laments the fact that startups and small businesses are underfunded.
“In stark contrast to other markets, there are repeated reports that UK entrepreneurs struggle to secure access to reliable funding and even independent valuations,” he said. rice field.
“Failure to get ahead of AI will have disastrous consequences for the economy, so giving full financial support to the up-and-coming companies that are pioneering the development of this technology is a top priority. It should be a matter.”
In its report, Google also supported the need for regulation, but stressed that regulation should be a “nuanced approach” that doesn’t stifle innovation in the space.
“At a time when AI is poised to bring unprecedented changes to the economy, it’s refreshing to see companies like Google actively working with governments to take a nuanced approach to regulation.” said Chris Downey, CEO of digital trust and safety platform Pasabi.
“The National Skills Agenda and the UK Research Cloud are great initiatives.
“From online fraud to the global epidemic of fake reviews, we will take a proactive approach to combating online fraudsters by leveraging the latest fraud detection technology.”
