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SUMMARY:Mind the gap: bridging innovation’s supply and demand in the AI 
 era - Speaker to be confirmed
DTSTART:20241203T173000Z
DTEND:20241203T190000Z
UID:TALK224095@talks.cam.ac.uk
CONTACT:Prof Diane Coyle
DESCRIPTION:Prof Neil Lawrence\, inaugural DeepMind Professor of Machine L
 earning at the University of Cambridge\, will deliver this year’s Annual
  Public Policy Lecture: “Mind the Gap: Bridging Innovation’s Supply & 
 Demand in the AI Era”.\n\nDespite its transformative potential\, artific
 ial intelligence risks following a well-worn path where technological inno
 vation fails to address society’s most pressing problems. The UK’s exp
 erience with major IT projects shows this disconnect: from the Horizon sca
 ndal’s wrongful prosecutions to the £10 billion failure of the NHS Lore
 nzo project. These weren’t only technical failures but a failure to brid
 ge between needs and the provided solution\, a failure to match supply and
  demand.\n \nThis misalignment persists in AI development: in 2017\, the R
 oyal Society’s Machine Learning Working group conducted research with Ip
 sos MORI to explore citizens’ aspirations for AI. It showed strong desir
 e for AI to tackle challenges in health\, education\, security\, and socia
 l care\, while showing explicit disinterest in AI-generated art. Yet seven
  years later\, while AI has made remarkable progress in emulating human cr
 eative tasks\, the demand in these other areas remains unfulfilled.\n \nTh
 is talk examines this persistent gap through a lens that’s inspired by i
 nnovation economics. We argue that traditional market mechanisms have fail
 ed to map macro-level interventions to the micro-level societal needs. We
 ’ll explore why conventional approaches to technology deployment continu
 e to fall short and propose radical changes needed to ensure that AI truly
  serves citizens\, science\, and society.
LOCATION:Fitzwilliam College\, Storey's Way\, Cambridge\, CB3 0DG
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