The generative AI revolution: Opportunities, shocks, and risks

Think tank: Onward

Author(s): Shabbir Merali

May 3, 2023

This report from UK think tank Onward looks at how the UK must develop “Great British GPT” to stay ahead in the AI race.

Artificial Intelligence will be the transformational technology of our generation. In recent months the pace of change has accelerated, with the phenomenon of generative AI creating new applications that have exploded out of Silicon Valley and into the UK national consciousness. Capitalising on the economic and geostrategic opportunity, managing the labour market and macroeconomic shocks, and navigating the risks around AI safety and alignment – should guide the UK policy debate. So what is to be done?