Ambar Vitelli-Khosla
Strategic Partnerships
UK’s vision for AI regulation
Prime Minister Rishi Sunak stated that he wants to make the UK the “geographical home of global AI safety regulation” amid warnings about the risks the technology poses to humanity.
Clare Barclay, CEO of Microsoft UK, told delegates that generative AI “will be the most significant inflection point in our lifetimes”.
Labour Party leader Sir Keir Starmer called for the government to move faster on AI regulation.
EU’s Artificial Intelligence Act passed a significant milestone on the road to legislation. Margrethe Vestager, who leads the EU’s strategy on AI, believes there needs to be a balance between innovation and ensuring people’s fundamental rights are being protected. The proposed legislation is not really about protecting jobs; nor is it, strictly speaking, pro-innovation. It is, however, set to have as much of an impact globally as GDPR.
UK Government funding announced
- £4.3m in funding for space-based solar power projects
- £54m for quantum technologies
- £54m for AI research
Innovation
Gerard Kelly CA, CFA, Director of UK Innovation at National Grid, Carol Hilsum, Senior Director of Product Innovation at FARFETCH, Jacqueline Davidson, Programme Director at Aero Xelerated, and CEO & Founder of Authentise, Andre Wegner formed a fantastic group of experts to discuss how corporates can continue to prioritise investing in innovation.
The capital has attracted more than 1,700 tech foreign direct investment projects: “London has matured from a burgeoning start-up hub to a place where you can also scale an international tech business,” says Janet Coyle, Managing Director for Grow London at London & Partners.
The launch of VR shoes
What are the key takeaways from the London Tech Week 2023?
Last year was very much about #ESG, #embeddedfinance, #crypto, that’s still there. It’s just a different evolution of it. In terms of where we are today, it is very much about generating AI tokenisation in full swing, and SMB, crypto, and CFO tech.
Where we’re headed is actually where banks start to stitch different types of technologies, and not just for a customer journey, but for a customer outcome.
As an entrepreneur, for me, pain is one thing, potential is another and the potential for me is going to be what we call an inclusive space. So let me be very clear about what I mean.
When we talk about diversity inclusion, we often talk about diversity inclusion in our social, moral, political hot potato seats.
My argument is that inclusion should be a natural thing that we’re all a part of, because everyone is different. We like different things, different clothes, like different foods and like things differently. So why should the disperse of capital be any different?
