A joint government-industry package aims to drive up skills in the UK's Artificial Intelligence sector in an initiative announced by Business Secretary Greg Clark and Digital Secretary Jeremy Wright.
For the first time, the UK will have a nationwide programme of industry-funded AI Masters courses coupled with work-based placements.
The new skills and talent package is a major milestone of the modern Industrial Strategy’s AI Sector Deal which was launched in April 2018. It is supported by industry funding and up to £110 million government investment, including:
The announcement comes as new figures prepared for Tech Nation by Dealroom.co reveal the number of venture capital investments into the UK’s rapidly growing AI sector leapt by 17 per cent last year.
Business Secretary Greg Clark said:
"The UK has long been a nation of innovators. This AI skills and talent investment will help nurture leading UK and international talent to ensure we retain our world-beating reputation in research and development.
"Artificial intelligence has great potential to drive up productivity and enhance every industry throughout our economy, from more effective disease diagnosis to building smart homes. Today’s announcement is our modern Industrial Strategy in action, investing in skills and talent to drive high skilled jobs, growth and productivity across the UK.
Digital Secretary Jeremy Wright said:
"The UK is not only the birthplace to the father of artificial intelligence, Alan Turing, but we are leading the way on work to ensure AI innovation has ethics at its core.
"We want to keep up this momentum and cement our reputation as pioneers in AI. Working with world class academic institutions and industry we will be able to train the next generation of top-tier AI talent and maintain the UK’s reputation as a trailblazer in emerging technologies."
According to one estimate, AI will add £232 billion to the UK economy by 2030. The UK is a recognised world leader in developing AI. Deepmind, Babylon and Swiftkey – which was backed by Innovate UK – are all globally renowned companies founded here.
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