Developing Artificial Intelligence for the Future in Industry

As part of this, up to £121 million has been allocated for the Made Smarter programme supporting the transition of manufacturing into a digitally-enabled future. The budget also outlined an investment of £50 million to a new Turing AI Fellowships scheme, with the intention of bringing some of the best global researchers in Artificial Intelligence (AI) to the UK.

It’s an interesting rhetoric which, presented as part of the budget announcement, places an increased focus on the UK’s vested interest in the sector and the establishment of digitally-enabled technology (including AI) throughout the UK. This is not an oversight adoption however, there are some fundamental basics that need to happen to spur the revolution on. We aren’t for example going to have a truly connected industrial world if we don’t have a decent network to enable the transfer of data.

The success or failure of AI, across borders is underpinned by the seamless transfer of data between equipment and suppliers, and so the topic of standardisation is significant.

AI present a fantastic opportunity for industry, but we have a long way to go before it becomes fully established in UK businesses. The key now is baby steps, we aren’t talking an overnight evolution of technology, it will be a slow process and a journey that we are only just beginning.

AI will steadily change the face of the industry, it’s just a question of when businesses will start their own journey.