More Britons View AI as an Economic Threat Instead of an Opportunity, Tony Blair’s Think Tank Finds

A think tank associated with Tony Blair suggests that the public perceives artificial intelligence more as an economic threat rather than a benefit.

The Tony Blair Institute cautioned that these poll findings could jeopardize Keir Starmer’s vision for the UK to become an AI “superpower,” urging the government to persuade the populace about the positive impacts of this technology.

According to a survey conducted by TBI, 38% of Britons see AI as a potential economic risk, while only 20% regard it as an opportunity. The survey, which included over 3,700 adults, also revealed that a lack of trust is the primary barrier to AI adoption.

Jakob Mökander, the director of science and technology policy at TBI, stated that the UK’s primary path to becoming an AI superpower lies in adopting cutting-edge technology. He expressed concerns that the current poll results jeopardize this aspiration.

Mökander noted, “A nation can achieve AI superpower status either by leading in development or by being a frontrunner in adoption.” He acknowledged that while the UK will not lead in development—domains dominated by the US and China—it can excel in adoption. However, he emphasized that without fostering public trust in technology, this goal is unattainable.

The UK government has identified AI as a cornerstone of its economic growth strategy, aiming for the country to become “one of the great AI superpowers” in the near future.

Nonetheless, there is considerable voter concern regarding the economic ramifications and job implications associated with AI. Entities such as TBI, the International Monetary Fund, and the Organisation for Economic Co-operation and Development predict that AI—defined as systems that can undertake tasks typically requiring human intelligence—will profoundly affect the labor market. TBI estimates that AI may lead to a shift of between 1 million and 3 million private sector jobs in the UK, although they anticipate that the total job loss will be mitigated as technology creates new positions.

Meanwhile, recruitment agencies have indicated that sectors expected to be influenced by AI, like graduate recruitment, have not yet experienced significant changes attributable to AI.

Furthermore, TBI’s polling indicates a divide between AI users and non-users, revealing that more than half of those unacquainted with the technology perceive it as a risk. In contrast, only a quarter of those who regularly use AI regard it as a threat.

Mökander stated that there is a pressing need to articulate potential benefits, like establishing AI reliability through regulations, shortening NHS wait times, and allowing individuals more family time.

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Regarding the need for regulations akin to those for vaccines, Mökander emphasized educating the public and promoting positive campaigns to cultivate healthy perceptions.

The TBI has garnered significant funding from tech magnate Larry Ellison and released findings indicating the advantageous applications of AI. The report suggests measuring AI’s beneficial impact accurately and promoting responsible regulations to foster AI skill development.

A spokesperson for the UK government stated that public trust is vital for effective AI utilization and highlighted initiatives aimed at enhancing AI skills and recruitment.

“With approximately 10 million workers projected to use AI in their daily roles by 2035, it is crucial that the workforce is equipped with both the skills and confidence to engage with this technology,” the spokesperson remarked.

Source: www.theguardian.com

BYD, a Chinese EV manufacturer, claims their new rapid charging system could rival the speed of filling up a gas tank

BYD, a Chinese electric vehicle (EV) maker, has announced plans to construct a charging network across China. This network aims to enable EVs to charge as quickly as refilling with gasoline.

Founder Wang Chuanfu revealed the “supere platform” at a home event in Shenzhen on Monday. This platform will support a peak charging speed of 1,000 kW, allowing cars to travel 400 km on a five-minute charge.

BYD’s 1,000 kW charging speed is double that of Tesla superchargers, offering faster charging speeds than before in the industry. Fast charging technology is crucial for increasing EV adoption.

Tesla, already struggling, saw its shares drop 15% on March 10, prompting concerns for owner Elon Musk. The company faces challenges in meeting sales targets and producing self-driving cars, with increasing competition from more affordable EV models from Chinese companies like BYD.

Tesla stocks dropped 4.8% on Wall Street, marking an eighth consecutive weekly decline. Baron.

Wang emphasized the goal of reducing EV charging times to match gasoline vehicle refueling times. The new charging architecture will debut with the Han L Sedan and Tang L SUV, priced from 270,000 yuan ($37,330).

BYD plans to build over 4,000 ultra-fast charging stations to support the new platform, but no specific timeline for construction was provided. Previously, BYD owners relied on public charging poles from other manufacturers or third-party operators.

While Tesla has been offering superchargers in China since 2014, other Chinese EV companies like NIO, Li Auto, Xpeng, and Zeekr have also established charging facilities.

BYD’s sales primarily come from plug-in hybrids, with aims to sell 5-6 million units this year.

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Source: www.theguardian.com

UK think tank calls for system to track misuse and failures in Artificial Intelligence

The report highlighted the importance of establishing a system in the UK to track instances of misuse or failure of artificial intelligence. Without such a system, ministers could be unaware of alarming incidents related to AI.

The Centre for Long Term Resilience (CLTR) suggested that the next government should implement a mechanism to record AI-related incidents in public services and possibly create a centralized hub to compile such incidents nationwide.

CLTR emphasized the need for incident reporting systems, similar to those used by the Air Accident Investigation Branch (AAIB), to effectively leverage AI technology.

According to a database compiled by the Organisation for Economic Cooperation and Development (OECD), there have been approximately 10,000 AI “safety incidents” reported by news outlets since 2014. These incidents encompass a wide range of harms, from physical to economic and psychological, as defined by the OECD.

The OECD’s AI Safety Incident Monitor also includes instances such as a deepfake of Labour leader Keir Starmer and incidents involving self-driving cars and a chatbot-influenced assassination plot.

Tommy Shafer-Shane, policy manager at CLTR and author of the report, noted the critical role incident reporting plays in managing risks in safety-critical sectors like aviation and healthcare. However, such reporting is currently lacking in the regulatory framework for AI in the UK.

CLTR urged the UK government to establish an accident reporting regime for AI, similar to those in aviation and healthcare, to address incidents that may not fall under existing regulatory oversight. Labour has promised to implement binding regulations for most AI incidents.

The think tank recommended the creation of a government system to report AI incidents in public services, identify gaps in AI incident reporting, and potentially establish a pilot AI incident database.

In a joint effort with other countries and the EU, the UK pledged to cooperate on AI security and monitor “AI Harm and Safety Incidents.”

CLTR stressed the importance of incident reporting to keep DSIT informed about emerging AI-related risks and urged the government to prioritize learning about such harms through established reporting processes.

Source: www.theguardian.com