In their 2024 Programme, Digital Isle of Man committed to accelerating initiatives in AI in 2024; setting a target to achieve a 10% increase in GDP by 2030, driven by AI-enhanced productivity and innovation.
In line with these ambitions, initial funding has now been secured from the Economic Strategy Board to further progress at pace this programme.
Part of these plans will incorporate collaboration with international AI leaders and jurisdictions and the recruitment of AI experts to support the development of a National AI Strategy, and subsequently support its implementation.
AI Strategy
Significant steps to progress the project have already been made, including the signing of a Memorandum of Understanding (MOU) with AI Singapore, a national programme initiated by the National Research Fund.
This partnership aims to enhance the Isle of Man’s AI capabilities through shared knowledge and learning, fostering a robust AI ecosystem and delivering broad social and economic advantages to the Island.
There will be an immediate focus on driving the initiative, aiming to maximise AI’s potential to boost economic productivity.
This will be actioned through collaboration with on-island businesses to educate, collaborate and support the island’s businesses to increase productivity through AI.
The plans include the establishment of a physical hub that will allow on-Island businesses to have access to advice and guidance to help businesses understand and deploy safe AI tools and practices.
This service is expected to launch within the next 3 months.
As part of of this programme, Digital Isle of Man will also work across government to create a National AI Strategy with the objective to deliver economic growth, to support better public services and ensure a trusted environment that facilitates growth and innovation.
Digital Isle of Man
The Digital Isle of Man agency announced a new Head of AI position last week.
This role is pivotal in developing and executing the Isle of Man’s AI strategy, which is designed to foster sustainable economic growth and position the Isle of Man as an international centre of AI excellence.
More information regarding the Head of AI position is available here: https://www.jobtrain.co.uk/iomgovjobs/Job/JobDetail?JobId=18968
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