How can the UK do this ? The UK houses companies including DeepMind , Graphcore , Darktrace , BenevolentAI as well as others and is Europe ’ s AI leader .

Experts have suggested the UK should tap its strengths in universities , diplomacy and democracy to become a world leader in AI that ‘ cares about humanity ’. Dr Bill Mitchell OBE , Director of Policy at BCS , said creating the gold standard would be critical for our economic recovery . He added everyone deserved to have confidence in AI as it will affect our lives and the technology should reflect everyone ’ s needs .

What are the challenges ? It ’ s feared biases in AI could lead to increasing societal problems , including the wealth gap and other discrimination . Public trust in AI has been damaged through missteps including algorithms used to estimate student grades .

The report also found disparities in competence and ethical practices . The government ’ s National Data Strategy states : “ Used badly , data could harm people or communities and its overwhelming benefits overshadowed by public mistrust .”

� MEDICAL IMAGING There has been a rise in AI solutions for medical imaging , particularly with x-rays . Lunit is focused on looking at ways it can combat cancer with AI-powered x-rays and its solution is expanding globally .

� AUGMENTED REALITY According to eMarketer , 59 million people in the U . S . will use virtual reality at least once per month in 2021 , and 93 million will use augmented reality – a 28 % increase from 2019 .

� AI AND GENDER There is a risk that , instead of solving the problem of gender bias , AI will only exacerbate it further . Gartner predicts that by 2022 , 85 % of AI projects will deliver erroneous outcomes due to bias in data or algorithms .

� SONATIC The company was able to clone Val Kilmer voice after throat surgery in 2015 . But the technology also sparks legal , ethical , and economic concerns , particularly among voice actors who are concerned about their livelihood drying up .

OCT21

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