UK needs AI legislation to create trust so companies can ‘plug AI into British economy’ – report
UK will struggle to build new AI models that compete with ChatGPT and big US tech firms, despite the government's “Frontier AI Taskforce”, say researchers.
To boost the economy, UK should focus on developing products that apply “generative AI” to daily life, including tax breaks for businesses investing in AI skills.
Legislation regulating AI safety and transparency is needed, so British industry and education can confidently put time and resource into AI development.
The British government should offer tax breaks for businesses developing AI-powered products and services, or applying AI ...




