UK businesses are actually leading the way when it comes to AI usage

Date:
Wed, 10 Jan 2024 12:00:47 +0000

Description:
Many British enterprises have already deployed AI, and even more are actively looking into it.

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New research commissioned by IBM reveals that one in three (37%) UK
businesses with over 1,000 employees are now actively using artificial intelligence.

The study, titled IBM Global AI Adoption Index 2023, found that enterprises are jumping on the AI bandwagon to reap quick and tangible rewards, specifically around IT automation, security and threat detection, and human resources.

As well as the businesses that are already rolling out AI tools , two in five (41%) said that theyre currently exploring using the time-saving tech.
British businesses love AI

Compared with the 37% of British businesses that have already rolled out AI, only 29% of Australian businesses, 28% of Spanish businesses, and 26% of French businesses have done so.

IBM also noted that Australian and Canadian enterprises are less likely than those from the UK to accelerate their rollouts.

Other key areas of interest include business analytics and intelligence,
fraud detection, and customer or employee self-service automation.
Fortunately for us humans, IBM noted that fewer organizations are interested in digital labor, which suggests that we shouldnt be worried about job security.

However, the research also underscores the impact of AI on the UK workforce, with one in four (24%) organizations lacking employees with the right skills, and one in five (19%) noting that the global skill shortage continues to affect hiring.

Other obstacles are also prevalent, including costs, data complexity, and
even ethical concerns.

This study of more than 2,300 IT professionals makes it clear that
enterprises recognize the importance of correctly governed AI, but some barriers remain.

Looking ahead, while the economy is largely out of our hands, IBM reckons the two-thirds (68%) of UK businesses that arent training or upskilling workers
on AI should start to do so, which should at least have an impact on the
skill shortage. More from TechRadar Pro Craft your best work with the best AI writers Microsoft is investing billions to bring AI to the UK Check out our roundup of the best productivity tools



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Link to news story: https://www.techradar.com/pro/uk-businesses-are-actually-leading-the-way-when- it-comes-to-ai-usage


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