The new head of the UK government's AI taskforce has informed the BBC that safeguarding British employment will be tough in light of increased sophistication in Artificial Intelligence systems.
I. Hogarth asserted that it would be "unavoidable" for more professions to become more mechanized.
He emphasized that it is necessary for the entire planet to reconsider the current approach to employment.
He stated that, on a worldwide scale, some would come out ahead and others behind in terms of employment opportunities, due to AI.
Reports have already emerged of numerous job losses in the wake of firms' decisions to utilize AI technology, with BT recently declaring that it will downsize its workforce by more than 10,000 by the end of the decade due to the technology.
Still others think that these advancements will lead to the generation of jobs that do not presently exist, much like what the internet did.
Goldman Sachs' report from earlier this year revealed that six out of every ten occupations today had not existed in 1940.
Mr Hogarth, an AI investor and tech-entrepreneur, declared the purpose of the newly-assembled taskforce to be that of aiding the government in comprehending the possible risks from the emerging AI technologies, and of keeping the responsible companies liable.
He expressed his worry about the possibility of AI inflicting harm - such as a wrongful arrest when employed in law enforcement, or the production of destructive computer code that leads to an upsurge in cybercrime.
He also emphasized that expert alerts about the capability of AI to be an existing hazard should not be disregarded, even though this point of view aroused disagreement within the community.
However, he was mindful of not overlooking the advantages of these technologies.
AI tools are particularly useful in the healthcare industry to discover new antibiotics, support people with brain impairment to regain mobility, and teach them to recognize early indicators of illnesses.
Mr Hogarth mentioned constructing a tool that had the capability to detect signs of breast cancer in scans.
He will be heading up a team that has been granted an initiation fund of £100m in order to investigate AI safety.
He declined to reveal his plans for the money, but believes he will have accomplished his goal should "the average person in the UK begin to benefit from Artificial Intelligence".
Rishi Sunak, the Prime Minister, has identified AI as a major priority and desires the UK to transform into a global center for this area. A close acquaintance of his communicated more directly: "He is really passionate about it."
OpenAI, the organization responsible for the renowned ChatGPT chatbot, revealed that its inaugural overseas office will be situated in London. Additionally, data powerhouse Palantir declared it will launch its main office in the same city.
However, the UK is confronting many difficulties as it strives to maintain an influential role in this prosperous and rapidly expanding sector of technology.
This week, BBC News is turning its attention to AI: exploring how the technology affects our lives and potential impacts it may have in the coming years.
Emma McClenaghan and Matt, her partner, manage an AI start-up based in Northern Ireland. They have created an AI technology, Wally, which makes websites, and their ultimate goal is to transform it into a much more comprehensive digital assistant.
Despite having won awards, the company still faces difficulties in acquiring the specialised chips, specifically GPUs (general processing units), that are necessary for its product's further development.
She noted that there is a dearth of hardware access for start-ups, and a dearth of expertise and dearth of funding.
She reported that they had to wait for five months to receive a grant to purchase one GPU, whereas in the United States Elon Musk was known to buy 10,000 of them.
It will take us much longer, four to seven days, to train a model as compared to them, who can do it in minutes. We are unable to mediate in this case.
In an e-mail exchange, Ms McClenaghan confided to me that she considers it desirable for Gensys Engine, her company, to be picked up by a US tech behemoth; a sentiment that I'm accustomed to hearing from UK start-ups.
Revamping those objectives to maintain profitable companies in the UK and aiding in their expansion is another task.
Accessing GPUs would be easier if they were part of a comparable national infrastructure, much like roads or power cables, rather than being acquired by those businesses who have the adequate means.
Ian Hogarth proposes that this is a feasible option.
He suggested that nation states will start to reconsider their office in supervising essential AI framework in an alternate manner.
It will serve as a basic foundation for the next wave of creativity.
He is hopeful that the UK can still be part of the AI revolution, despite the obstacles it may encounter.
He states that they are not too late.
I didn't accept the job unless I was confident we could accomplish a great deal.leinman
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