How Responsible AI can equip businesses for success

Artificial Intelligence (AI) is no longer a future-gazing technology but something that humans interact with every day. It continues to bring new possibilities into different facets of life and work, with the pace of change promising even more innovation in the years to come. Whether it is improved efficiency, the creation of new industries or cost reduction, the benefits to our economy seem endless. According to PwC, AI has the potential to contribute $15.7 trillion to the global economy by 2030 and boost the GDP up by 26% in local economies in the same time frame. In fact, even the UK Government acknowledges the role AI can play in society. Last year, the UK Government launched its National AI Strategy – a 10 year plan with the aim of positioning the country as a global leader in the governance of AI technologies.