The adoption of artificial intelligence could generate significant investment into the UK economy, despite existing barriers and challenges identified by innovation industry, Digital Catapult.
Digital Catapult identifies that 50% of small to medium sized companies that are
currently leveraging AI are doing so with off-the-shelf AI systems, with initial cost identified
as a barrier to developing in-house AI solutions.
Other barriers include data quality and
accessibility issues, as well as a shortage of skilled personell, and financial constraints.
Digital
Catapult has been working with industry stakeholders to accelerate responsible and sustainable AI adoption since
the launch of the Innovate UK BridgeAI programme.
Sara El-Hanfy, head of artificial intelligence
and machine learning, Innovate UK, commented: “Digital Catapult accelerators are a vital part of
the BridgeAI programme, providing startups with essential technical expertise and access to a dynamic
AI ecosystem, sparking change in sectors ripe with growth potential.”
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