The number of artificial intelligence (AI) roles opening up in the UK has significantly increased in recent months, according to research*.
The report by recruitment site Glassdoor looks at who’s hiring for AI talent, the type of jobs on the market and the salaries.
120 AI-specific roles opened to UK job seekers, predominantly centred around a new “golden triangle” for tech jobs between London, Cambridge and Reading, an area that also includes nearby towns of Slough and Hemel Hempstead. Combined, 75 per cent of AI jobs in the UK are hiring in this region. UK employers are also investing in AI at a comparable rate to the US.
Dr. Andrew Chamberlain, Glassdoor Chief Economist, comments: “AI and deep learning will soon provide the key to unlocking the UK’s productivity gap. However, widespread adoption of AI has a long way to go, with our analysis revealing that AI jobs are in fact a small but growing part of the current workforce.”
Speaking recently at the launch of a new cyber security innovation centre housed in Here East’s Plexal tech campus in London’s Olympic Park, Secretary of State for Digital, Culture, Media and Sport, Matt Hancock, emphasised how important Britain’s flourishing tech sector is to Britain’s economy.
“Seizing this new technology can be the basis of our nation’s success after Brexit, for the rest of the 21st century,” he said. “What we need to do now to make that vision a reality. Because I profoundly believe that cutting edge technology, coupled with creative and artistic genius, is the fulcrum upon which our country will be built.
“Faster than ever before, the world we live in is being changed. How we earn our way around the world and how we build jobs and prosperity here at home, and we now have the chance to build on what we have done over the past decade and truly capitalise on this opportunity. Cutting-edge technology ultimately is the future of our economy.”
Being centrally located within walking distance of London’s “silicon roundabout”, our business experts at Beavis Morgan specialise in working with entrepreneurial people in the tech sector, helping them set up and run their own businesses and guiding them through each stage of the process, whilst navigating the challenges and advising them in making the right decisions both now and for the future.
The government’s Research & Development (R&D) tax relief scheme** has proved to be a major boost to British business and, with Brexit looming, it is more important than ever that companies seek ways to unlock cash from innovation to help fund research and development into the ongoing enhancement of existing products and services.
To find out more about how we can assist you and your tech business to maximise the value of any potential claim and manage the often-complex process on your behalf, contact Steve Govey or your usual Beavis Morgan Partner.
* “Artificial Intelligence Jobs in the United Kingdom: Who’s Hiring and Why?” – Glassdoor
** Research & Development Tax Credits for SMEs: Money back for investing in innovation