AI use in UK hits ‘tipping point’ as companies scale up, Google exec : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

LONDON, June 17 (Reuters) – Adoption of artificial intelligence has reached a “tipping point” in Britain, as companies move from experimentation ‌to large-scale deployment and start seeing returns, a Google Cloud executive ‌said on Wednesday.

Businesses and government bodies that were testing AI tools a year ago are now ​using them to run more complex processes and improve productivity, Maureen Costello, Google Cloud’s vice president for the United Kingdom, Ireland and Sub-Saharan Africa, told Reuters in an interview.

“Industry is on the cusp of a tipping point where ‌AI adoption is accelerating quickly,” ⁠Costello said. “A year ago the focus was on experimentation, but now we’re seeing organisations put AI into production and ⁠begin to realise real returns.”

The shift is evident across sectors from retail to government, she said, citing examples such as AI-powered shopping tools from British e-commerce firm ​THG ​that have boosted customer spending, and public-sector ​systems helping to speed up ‌planning decisions.

London, home to Europe’s largest concentration of tech talent, is seeking to cement its position as a global AI hub, with Prime Minister Keir Starmer pushing to position Britain as an AI “superpower”.

Costello said Britain was “leading in this space”, pointing to a strong research base and institutions such as Google ‌DeepMind in London.

Broader adoption could deliver significant ​gains for smaller firms, she added, with ​Google research suggesting that AI ​could boost productivity by about 20%, effectively giving business owners “a ‌day back” each week.

However, the pace ​of AI adoption will ​depend on investment in skills, leadership engagement and trust, particularly around security and data sovereignty.

“Technology is only half of the answer — people ​are the other half,” ‌Costello said. “Leaders can’t sleep at the wheel, they need to get ​hands-on and understand how to apply this in their organisations.”

https://finance.yahoo.com/technology/ai/articles/ai-uk-hits-tipping-point-111442805.html