New Advisory Service To Help Businesses Launch AI & Digital Innovations 📣

📣 Exciting news for UK businesses wanting to launch AI and digital innovations!

💡 A new advisory service promises tailored advice on meeting regulatory requirements for these ground-breaking technologies. What's more, it's launching next year!

💼 The service, backed by over £2 million in UK government funding, aims to help businesses navigate the regulatory landscape. This means not only ensuring their offerings are above board but also that they can swiftly and safely bring them to market.

🚀 For me, as a specialist in digital innovation, this embodies the four-step approach - exploration, knowledge, creativity, and connection - in real-time action. Regulations shouldn't hamper innovation, and this program looks set to embrace that principle.

🎯 Digital technologies like AI are changing rapidly. Services like these are crucial for ensuring that regulations evolve in tandem, and that compliance is manageable for all businesses, big and small.

🏛️ This pilot scheme is an initiative by the Digital Regulation Cooperation Forum (DRCF), which aims to simplify adherence to multiple regulatory regimes. It's a great example of a values-driven approach in action, promoting ambition, authenticity, attention, and accessibility to fuel innovation.

🔬 Finally, it's not just about the present but also about upcoming AI risks. With an AI risk function established within the government, the focus will be on recognizing and responding to these threats from a well-informed perspective.

🕵️‍♀️ As a community-focused advocate for accessible technology, I can't wait to see how this service will empower businesses to contribute to the growth of the country's economy through responsible innovation.

#RegTech #AIInnovation #Insights

Read the article: https://www.gov.uk/government/news/new-advisory-service-to-help-businesses-launch-ai-and-digital-innovations

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