The next government must update the AI Strategy to provide incentives for capital investment, according to trade association techUK.
The industry group said the strategy update could spread AI throughout the economy and reduce infrastructure costs.
The recommendation is one of techUK’s seven recommendations policy suggestions to support the tech industry ahead of the next general election.
AI is considered the most important new technology for organizations, according to a techUK survey of 253 business leaders. However, this can only meet expectations if there is appropriate infrastructure.
The development of AI infrastructure has been highlighted as a key step for the government in achieving its AI superpower ambition.
To encourage this, techUK suggested classifying strategic digital infrastructure as “nationally important” and extending R&D tax incentives to boost investment in this area.
Recent strategic investments in AI data centers in the UK include Microsoft, Google And German Bank.
Other policy recommendations from techUK included digitalizing public services, proposing digital skills initiatives, launching an online safety sandbox, creating a regulatory model to encourage innovation , supporting the growth of technology companies in the UK and adopting a new approach to trade through “technology bridges”. .
“The UK has a strong foundation to build on, with a very competitive business environment for technology. But to achieve the economic growth that the whole economy needs, we must continue to raise our ambitions,” said Julian David, CEO of techUK.
“By removing unnecessary barriers to innovation and putting in place the necessary reforms and investment, we can strengthen our innovation ecosystem across the UK, supporting a stronger economy and better public services. »