The UK government has introduced an AI assurance platform, offering British businesses a centralized resource for guidance on identifying and managing potential risks associated with AI, as part of efforts to build trust in AI systems.
About 524 companies now make up the UK’s AI sector, supporting more than 12,000 jobs and generating over $1.3 billion in revenue, the UK government said. Official projections estimate the market could grow to $8.4 billion by 2035.
“The platform brings together guidance and new practical resources which sets out clear steps such as how businesses can carry out impact assessments and evaluations, and reviewing data used in AI systems to check for bias, ensuring trust in AI as it’s used in day-to-day operations,” the government said in a statement.
