A journalist on Verdict would like comment from an AI expert on Sunak's announcement of a “semiconductors partnership” with the Japanese government How does the UK's investment of £1bn compare to that of the EU and the US's investments of close to to $50bn (£40bn)? Do you have any other insights on the topic?

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AI expert on Semiconductor partnership announcement

With the low availability of chips globally this is a chronic under-investment where there is a clear opportunity, in my honest opinion. There's a lack of graphic process units (GPU's) out in the wild right now and this will slow down the progress of AI in the UK. While there is a large amount of hype around artificial intelligence, the opportunities for investment in AI, data mining, medical imaging and healthcare can't be ignored. There is a long-term play here for the UK, more investment upfront is needed.

Jason Bell

Jason Bell is a leading expert in artificial intelligence and machine learning, with a focus on developing synthetic data solutions for various industries including healthcare, finance, aviation, and e-commerce. He has over a decade of experience in developing machine learning algorithms and leveraging big data, specialising in automated brokerage and negotiation. Jason is also the author of the book, "Machine Learning: Hands on for Developers and Technical Professionals", which was published by Wiley in 2014 with a second edition released in 2020.

As the founder of Synthetica Data, Jason has created a powerful tool that helps companies prepare their existing data for AI applications, making them AI ready.

This investment supports a strategy of R&D, which the UK is better poised to own IP for. It will attract the world's best talent here, similar to the impact ARM in Cambridge has made without needing a manufacturing plant. The EU can make our chips. 

Nicolai Thomson

Jenesys provides a bookkeeping service. Our bookkeeper is called Jack, and it is 10 times faster and 4 times cheaper than hiring human bookkeepers. Jack understands the context of purchases when you've spent company money, so it can reconcile to an internal audit standard, providing assurance your numbers are real and compliant.

AI expert on Semiconductor partnership announcement

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Jason Bell

Founder at Synthetica Data

Nicolai Thomson

CEO & Cofounder at Jenesys AI

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