Maximising the AI Opportunity

How to harness the potential of AI effectively and ethically

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Maximising the AI Opportunity

Artificial Intelligence (AI) is becoming an ever more important part of life – from re-shaping our everyday experiences to transforming industries all over the UK.

But are organisations across sectors ready to unlock the opportunities AI offers? How can they harness its transformative potential? And, crucially, how do they do so in a way that is both effective and ethical?

These are the questions at the heart of our Getting AI Right report, which features the views of a variety of respected AI experts, including Lord Clement-Jones, Chairman of the House of Lords Select Committee responsible for publishing AI in the UK: ready, willing and able?. Also included is an in-depth survey of more than 5,000 UK leaders and employees revealing how their organisations are faring on their own AI journey.

Among the key findings of the report are:

  • Organisations that have already begun their AI journey are doing 5% better on factors like productivity, performance and business outcomes than those that have not
  • Organisations investing in developing underlying values, ethics and processes for their use of AI are outperforming those that are not by 9%.
  • 51% of UK leaders admit their organisation doesn’t have an AI strategy in place
  • Just 18% of UK workers say they are actively learning new skills to help them keep up with future changes to their work caused by AI

Furthermore, with AI technology advancing rapidly, there is a pressing need for UK organisations to act now to incorporate it into their operating models. Consequently, Getting AI Right also provides a series of practical and immediate steps they can take to utilise Ai for the good of their business, customers and employees alike.

As Microsoft UK CEO, Cindy Rose, writes in her foreword: “Only by applying AI in the right way can we harness its extraordinary potential for good. Wherever you are along that path, we hope you find this report valuable in guiding the way ahead.”

Download Getting AI Right now – and get your AI journey started today.