US EditionUK businesses adopting AI without understanding the risks, expert warns
- The number of UK businesses employing at least one AI technology has increased twofold over the last two years, with close to one-third of large employers now utilizing AI.
- This rapid AI adoption occurs amid a chronic digital skills shortage costing the UK economy about £63 billion annually and limiting expertise in interpreting AI systems.
- Experts like Spencer Pickett warn the fast uptake creates a “gold-rush mentality” focused on deployment over caution, raising risks from opaque AI errors and insufficient safeguards.
- Pickett emphasizes making AI more accountable by improving transparency through models that explain decisions, identify high-risk outputs, and enable human oversight in sensitive cases.
- Without a cultural shift at board level accepting AI’s current limits as 'sealed boxes,' businesses risk harming customers and regulators, but responsible training and policies can unlock AI’s potential safely.
29 Articles
29 Articles
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