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Forbes Advisor UK Predicts Artificial Intelligence (AI) Statistics and Trends for 2024

The Impact of Artificial Intelligence on the UK: Growth, Adoption, and Economic Impact

Apple’s Integration of OpenAI’s ChatGPT into Siri Signals Growing AI Adoption in the UK

In a move that highlights the increasing importance of artificial intelligence (AI) in our daily lives, tech giant Apple has announced a partnership with OpenAI to integrate its ChatGPT functionality into the Apple operating system by the end of 2024. This integration aims to enhance the performance of the Siri voice assistant and enable the generation of text and other content using AI technology.

The UK has seen a significant rise in AI adoption, with the market currently valued at over £16.8 billion and expected to reach £801.6 billion by 2035. The number of AI companies in the UK has surged by over 600% in the last decade, with approximately one in six organizations embracing AI technologies. Large companies lead the way in AI adoption, with 68% incorporating at least one AI technology.

AI has already made a substantial impact on various sectors in the UK. For example, Marks & Spencer reported an 80% reduction in warehouse accidents following a trial of computer vision technology. The IT and telecommunications sector boasts the highest AI adoption rate at 29.5%, while the legal sector follows closely behind at 29.2%.

The AI workforce in the UK currently stands at over 360,000, contributing £3.7 billion to the economy in 2022. The country hosts twice the number of AI-based companies compared to any other European nation. Greater London leads the way in AI-focused companies, with 1,387 AI businesses as of June 2023.

Despite the positive impact of AI on the economy and job market, concerns remain among the public. A Forbes Advisor poll found that 59% of Brits have concerns about the use of artificial intelligence. The main concerns include job displacement and ethical considerations surrounding AI technology.

As the UK continues to invest in AI research and development, the government’s commitment to funding initiatives in the field is evident. With plans to invest in a cutting-edge supercomputer and develop its own AI model, the UK aims to solidify its position as a leader in artificial intelligence.

Overall, the integration of AI technology into everyday applications like Siri reflects the growing trend of AI adoption in the UK and the significant impact it is having on various sectors of the economy.


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