Ofcom’s Post

Startups building in AI face a complex and fast-moving regulatory landscape - so it's great to see the Digital Regulation Cooperation Forum (DRCF), a group of four UK key regulators, launch this new AI and Digital Hub. Startup founders: you can access tailored advice from the four regulators, swiftly, in a one-stop-shop, allowing you to build product more quickly and with more certainty. It's not often government builds startup-facing regulatory support tools, and this is just a pilot, so let's engage to make this as good as it can be! Startup Coalition

⚒️ Are you developing a new AI or digital product that will benefit UK consumers? 🌐 Discover how to join the Digital Regulation Cooperation Forum's (#DCRF) new #AI hub. ⬇️⬇️

A new video on the DRCF AI and Digital Hub - explaining how it can help innovators bring products to market quicker!

Innovators! The DRCF AI and Digital Hub can help you! Find out how.      Our new video explains the benefits and how to apply the Hub - 👇    ✨ The DRCF AI and Digital Hub is an ambitious one-year pilot service offering free, informal advice.     ✨ This a time-limited opportunity to access experts about your ideas across four UK digital regulators at once.    ✨ The Hub aims to boost your confidence in bringing new products, services and business models to market by helping you navigate regulatory requirements in areas such as data protection, competition, communications and consumer protection.    ✨ So if you’re developing a new AI or digital product that will benefit UK consumers, apply to the Hub today for clear, practical informal advice.       ✨ We think this service will save you both time and money.      Apply to the Hub today to help develop the innovations of tomorrow.      #innovation #AI #digital #AIDigHub

Are you working on a new AI or digital product? Need advice in understanding UK regulations? ✨ Ofcom, along with our fellow Digital Regulation Cooperation Forum (DRCF) members the CMA, FCA, and ICO, have launched the DRCF AI and Digital Hub. This free service aims to help you navigate the regulatory requirements from four UK digital regulators. Apply today! #AIDigHub

#GenerativeAI has the potential to drive a step change in innovation and growth in Europe. It’s transforming customer care, software development, finance and more. But to fully unleash its potential across the enterprise, a robust digital core is essential.     Yet, many companies grapple with #Data challenges, talent shortages and outdated technology. Often, #AI is treated separately instead of being integrated into the enterprise.    As #GenAI surges, the need for ethical guidelines and regulations also becomes paramount. This will be a topic for discussion at the upcoming "AI Safety Summit" at Bletchley Park and is the focus of the EU AI Act. We must establish standards, qualified assessment bodies and streamlined reporting without hampering innovation.   Explore the full insights and the way forward in our report, 'Innovate or Fade': https://lnkd.in/ezua9y63   #InnovateOrFade #EuropeReinvention #TechDeficit #ArtificialIntelligence #Innovation

Around 41% of people in Western Europe believe that AI enhances the human experience. Streamlining processes. Improving accessibility. Unlocking creative potential. When you #DoAIDifferent, it's not hard to see why. Since 2017, we have cultivated the largest global #AICommunity – 260,000-strong and counting – all sharing the common goal to build a better future with AI. A better future that: 🤝 Prioritises the development of diverse, equitable and safe technologies 🌍 Safeguards our planet from environmental and societal crises 💪 Empowers people everywhere, and leaves no one behind Anne Nguyen, LSSBB, Conseil de l'innovation du Québec's Chief AI Officer, echoed these three pillars in her powerful opening address at this year's #WSAIAM24. An apt foreshadowing of what was to come across two days of electrifying content, showcasing how AI is tackling some of the world's most pressing challenges through innovative development and deployment. And we can't wait to do it all over again in Amsterdam on 09–10 October. Got your ticket yet? 🎟️ ⇢ https://lnkd.in/eemxv5u2 🗣️ ⇢ https://hubs.li/Q02wlFy90 #WSAI24 #WorldSummitAI #AIForGood #AIBrains

#GenAI promises great potential to drive digital and social innovation, such as improving efficiency, enhancing creativity and augmenting existing data. However, if not adequately assessed, it could deepen inequities. Here is a framework that focuses on data equity within foundation models, both in terms of the impact of #genAI on society and on the further development of genAI tools. https://lnkd.in/gyP4QMj4

In the 2nd part of our series continuing the discussion of 7 ways AI and predictive analytics will drastically change the delivery of healthcare services. We follow up with an additional four topics to pay attention to. If you are ready, let us continue the discussion with more information about this exciting and emerging technology trend: https://hubs.li/Q020ZQpv0 #thisishorizonhealth #horizonhealth #aibehavioralhealth #predictiveanalytics #behavioralhealth #mentalhealth

We use the term “tech deficit” to refer to the disparity in adoption, implementation or effective use of technology to create business value.It is possible for European companies to utilize technology to drive new growth and value. Our research says 98% of global executives agree AI foundation models will play an important role in their strategy in the next 3-5 years. Find out how European companies can turn the tide on their tech deficit: https://accntu.re/46JnAaT #innovateorfade #techdeficit #tech #digitaltransformation #generativeai