SME Roundtable - Creating an effective environment for AI upskilling in SMEs
Businesses who adopt AI technologies outperform their competition by 11.5%. Despite that, research has highlighted a significant lack of employer-led upskilling in the workforce. UK employers in particular invest less in AI reskilling than their international counterparts (17% compared to the global average of 38%). Creating an environment which enables businesses to upskill in AI is a priority policy challenge for the UK. This discussion will look at three interrelated components of that challenge:
Part 1: Awareness of the importance and need to upskill employees in AI
- What factors shaped the paths of SMEs in recognizing the significance of AI upskilling?
Part 2: Capability and access to resources to upskill employees in AI
- What are some successful case studies of AI upskilling in SMEs?
Part 3: Incentives to upskill employees in AI
- How can we ensure that SMEs cost-benefit-analysis of AI upskilling results in a favourable outcome for upskilling?