Goto

Collaborating Authors

 government ai investment


UK at the forefront of government AI investment

#artificialintelligence

UK government organisations are taking the lead in artificial intelligence (AI) investment despite the various challenges around the implementation of the technology, according to a report by Accenture. The study carried out with McGuire Research polled 300 government executives in Finland, France, Germany, Norway and the UK about the impact and potential for AI on their organisations. It has found that the UK has the highest figures reported among all nations surveyed in terms of current and anticipated AI spending. Some 20% of UK respondents reported annual spending of more than £40m in AI, and nearly half (47%) said their organisation is investing between £12-£40m in AI. "Thanks to increased government funding for AI projects, a strong ability to scale AI investments, and a skilled workforce, the UK will continue to be a world-leader in AI from which our economy will reap benefits in the coming years," said the director of operations, health and public service for Europe at Accenture, Mark Jennings. In addition to the anticipated benefits of increased efficiencies, cost or time savings, as well as enhanced productivity, areas where respondents reported AI is delivering most benefits to public sector bodies are fraud and risk management, cited by 23% of those polled, and customer service (27%).