DSIT launches SME training fund | Computer Weekly
Summary
The UK Government’s Flexible AI Upskilling Fund supports SMEs in the professional and business services (PBS) sector. These new initiatives are being positioned by the government as a way to grow the economy by encouraging small and medium businesses to embrace the technologies of the future. The fund aims to help SMEs in sectors law, design and human resources train their workforce to use artificial intelligence (AI) to boost productivity and efficiency. Application areas include accountants using generative AI tools such as ChatGPT to draft documents, and develop new software which could help to tackle fraud. Legal professionals could also use AI to analyse lengthy documents such as contracts to provide concise summaries, freeing up time to focus on other critical areas.