Honourable chairs and fellow delegates,
The delegate of The United Kingdom is delighted to be a part of The Second Session of ATALTRAIN 2018 conference.
A reporter found that 30% of jobs in Britain were potentially under threat from breakthroughs of artificial intelligence (AI). This is true. Though we are committed to helping people secure the jobs of tomorrow with a national retraining scheme.
We are supporting businesses to boost skills, growth and prosperity in the new economy. We increased 95 million pounds to the Apprenticeship Levy to ensure it continues to help businesses train people with the skills they need for the new economy and the new job opportunities. 20 million pounds will be invested in networks to enable small businesses to learn from each other and from world-leading firms. We want to work with employers to give every worker the opportunity to up a skill or retrain for the new economy. We have a world-class regulatory system which protects the interests of consumers. But it needs to be fit to respond to the challenges of the future to remain cutting-edge. Therefore we will commission the National Infrastructure Commission to carry out an independent study of the telecoms, energy and water regulators. This will ensure they have the ability to encourage investment, promote competition and innovation and meet the needs of consumers in the 21st-century. Also used 2 million pounds for the Midlands Engine Partnership to support a study into how best to redevelop the area around Toton in the East Midlands, to ensure it maximises the growth opportunities offered by HS2.
This delegate hopes for a fruitful and constructive debate in order to solve the issues at hand today.