A recent academic study shows that less than half of UK businesses could use AI by 2025.
According to the study conducted by Cambridge, Leeds, and Sussex universities, only 10 percent of British companies will invest in planning to use artificial intelligence technology within the next two years. Companies find it difficult to hire people with the right digital skills, but at the same time, they do not plan to invest in training the human resources needed to handle the technology.
According to reports by US investment bankers Goldman Sachs and Morgan Stanley, artificial intelligence could lead to increased productivity, but it could also lead to the loss of up to 300 million jobs globally.
Source (Asharq Al-Awsat Newspaper, Edited)
