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<p>The earliest adopters of new technologies can gain a first-mover advantage, allowing
them to reap rewards in terms of additional jobs and increased revenue.</p><p>Artificial
intelligence and machine learning are distinct technologies. ‘AI’ describes where
computers are able to perform tasks that normally require human intelligence, such
as visual perception, decision-making and translation between languages; ‘machine
learning’ comprises deeper learning where computers are able o learn without external
programming, building on algorithms that can make predictions using data. However,
for the purposes of identifying support for and development in the sector, it is useful
to treat them as a group.</p><p>Government welcomes the independent review of Artificial
Intelligence, “Growing the Artificial Intelligence Industry in the UK”, published
on 15 October. The report highlights how AI can boost UK productivity, and has the
potential to add £630 billion to the UK economy by 2035.</p><p>The Industrial Strategy
Green Paper, published in January, also identified AI as a major, high-potential opportunity
for the UK to build a word-leading future sector of our economy.</p>
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