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Majority of AI firms working on unhelpful ‘generic’ tools, think tank says

The majority of AI firms in the UK are focused on creating generic AI solutions, according to the Institute for Public Policy Research .
The IPPR found that 85% of 3,256 surveyed AI firms do not address specific problems or sectors.
The Government aims to boost AI in the UK to enhance economic growth but faces challenges in innovation policy.
Carsten Jung from the IPPR warns that the focus on generic tools is a missed opportunity for solving significant societal issues.

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The Independent

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Majority of AI firms working on unhelpful ‘generic’ tools, think tank says

A new report has warned too many firms are focused on developing business efficiency tools, rather than innovations to solve societal problems.

4 days ago·London, United Kingdom

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mctd.ac.uk

The direction of AI innovation in the UK: Insights from a new database and a roadmap for reform

Our Research Consultant Bhargav Srinivasa Desikan has published a new report with the Institute for Public Policy Research on how AI could have transformative effects on the UK economy With the latest AI models achieving top scores in scientific and diagnostic reasoning tests, they could usher in a new era of growth. Advanced AI could also help tackle big societal challenges ranging from ill health to environmental degradation. But realising the…

3 days ago

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