Nearly a quarter of North West businesses plan to adopt artificial intelligence (AI) in the next year, according to new findings. This was discussed at the AI UK conference hosted by the Alan Turing Institute, where leaders detailed their AI adoption strategies for 2025.
According to Pannone’s ´Ambition 2025´ report, 24% of businesses in the region view AI as a key priority for the year. The desire to innovate and expand internationally were also highlighted, with 31% investing in digital transformation, and companies collaborating with regional incubators like Atom Valley.
Despite AI´s potential to replace jobs, businesses are utilizing it for training and recruitment. Legal challenges around AI´s rapid development, as discussed by Danielle Amor from Pannone, include aligning legislation with evolving technologies and ensuring SMEs can leverage existing AI systems within current regulatory frameworks.