UK industries leading global charge for AI investment, study claims - Workplace Insight

A new study claims that the UK is at the forefront of a global drive for Artificial Intelligence investment, with a near universal 99 percent of UK respondents planning to invest in AI, versus 80 percent in North America, and 83 percent in mainland Europe. The report from IFS (registration) sets out to explore the perception and adoption of AI within core industries worldwide. It polled the views of 600 decision makers working with technology and suggests that AI will predominantly be used to make existing workers more productive (60 percent) and add value to products and services (48 percent). Just 18 percent of businesses said they would be utilising AI to replace existing workers, while more than 60 percent stated AI would either increase headcounts or would keep them the same, countering fears it will lead to job losses. Those that did plan to use AI to replace workers overwhelmingly came from large enterprises, which employ greater numbers in the process-driven roles that are most likely to be lost to automation.