Posted: 30 Oct 2023 Resource Type: Research Report Download Back Artificial Intelligence (AI) is rapidly transforming the world around us. From education to innovation, transport to technology, every sector will be impacted by AI. Our new report, AI: Accelerating Innovation shows how financial and professional services (FPS) is at the forefront of this revolution. FPS businesses are at the vanguard of investing in and adopting AI technologies to boost productivity, develop new products, and improve customer experience. This report finds that the sectors with the highest levels of AI adoption are legal, IT, finance, and accounting. There are currently 3,000 AI firms in the UK employing over 50,000 people. This report sets out areas, such as digital upskilling, where the ecosystem can be strengthened even further. By leading on AI and other technologies, the FPS sector can help put the United Kingdom at the centre of a global transition that will boost domestic economic growth. Vision for Economic Growtha roadmap to prosperity Vision for Economic Growtha roadmap to prosperity Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Thought Piece Scaling digital verification solutions Feb 2025 - In an era where digital interactions and transactions have become the norm, the necessity for robust digital verification (solutions has never been more critical. Scaling digital verification solutions Research Report Our global offer to business: London and the UK’s competitive strengths supporting investment and growth Feb 2025 - The 5th edition of our annual report benchmarking the UK’s global competitive position relative to other centres. Our global offer to business: London and the UK’s competitive strengths supporting investment and growth Thought Piece The UK: leading the way in impact investing Jan 2025 - Amid challenges from climate change to social inequality, the UK has emerged as a global leader in impact investing, transforming how capital is used to create a fairer, greener future. The UK: leading the way in impact investing Research Report Exporting financial services to the world Dec 2024 - The UK is the world’s first choice supplier of financial and professional services, helping businesses around the world prosper. Find out more about the UK's innovative financial services sector, and its role as a global leader in attracting investment. Exporting financial services to the world Stay in touch Sign up to hear more about the City of London Corporation's work on financial and professional services Sign up to hear more about the City of London Corporation's work on financial and professional services