The government is hosting the world’s first global AI Safety Summit in early November - but what is it and why is it important for business?
On 1-2 November, the world’s first AI Safety Summit will take place at Bletchley Park – a site made famous for its World War II code-breaking efforts. It was announced by the Prime Minister in June and follows his meeting with US President Biden in which he stressed the leading role the UK could play on international AI governance.
It comes as the UK is advancing its own plans for AI governance - which the CBI has been heavily involved in shaping. And at a time when other jurisdictions and organisations are doing the same, including the EU, the G7, UN and OECD.
Why it matters for UK businesses
AI is already helping to tackle complex societal and economic challenges, from climate change to healthcare. Effective adoption of AI in business has huge potential to boost productivity and address labour shortages. But with increased adoption comes increased concern about how the technology is de