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Make AI adoption Britain’s national economic priority, says CBI
The CBI says 61% of UK firms already use AI, but leaders report far higher returns than companies still in pilot mode.
- The Confederation of British Industry urged the Government to make the next 10 years Britain's 'adoption decade,' placing artificial intelligence at the heart of national economic strategy and workforce development.
- A report from the CBI and Oliver Wyman warns of an 'execution divide' between companies scaling AI across operations and those stuck in 'pilot mode,' leaving laggards at competitive risk.
- Research shows 61% of 1,200 British businesses currently use AI, yet Lloyds Banking Group found 31% of firms report their workforce lacks the skills needed for successful implementation.
- Prime Minister Andy Burnham appointed Kanishka Narayan as the UK's first AI minister; Narayan called the CBI report a 'welcome contribution' to realizing AI's full potential.
- Britain aims to become the leading AI adopter in the G7, investing more than £200 million to provide 10 million workers with AI skills by 2030.
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technewstube.comThe next phase of AI adoption could change the future of supply chains
As global supply chains remain exposed to geopolitical and climate uncertainty, retail and consumer packaged goods (CPG) businesses face challenges of fluctuating prices and demand. In the United Kingdom, supply chain volatility is adding to uncertainty in raw material and packaging costs to impact CPG companies’ production economics. Research has found that a huge majority of British retailers were not confident of scaling up their supply chain…
·Bath, United Kingdom
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Coverage Details
Total News Sources12
Leaning Left2Leaning Right1Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 22%
C 67%
11%
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