The Isle of Man has launched an AI upskilling program to drive economic growth and keep pace with rapidly evolving technology.
Key Initiatives: The Activate AI program aims to educate and support businesses and residents in leveraging artificial intelligence through various initiatives:
- A training platform with over 200 hours of online courses, including an “AI for Everyone” course tailored specifically for the island, is set to launch by the end of August.
- An applied AI service will pair companies with experienced firms to explore how AI can solve business problems at no cost, fostering an “eco-system of partners.”
- Public roadshows across the island from August 12-15 will explain the program and its benefits to the community.
Economic Impact: The government’s Island Plan has set an ambitious target of a 10% increase in GDP by 2030, driven by AI-enhanced productivity:
- The Activate AI program is expected to share knowledge and applications that can “increase productivity and skills across the economy.”
- A long-term national AI strategy, backed by an estimated £5m in funding, will be published by the end of the year to support the 2030 target.
Leadership and Partnerships: Digital Isle of Man, the agency spearheading the initiative, has adapted its approach to tap into industry expertise:
- Chief Executive Lyle Wraxell emphasized the importance of the program and public outreach in keeping the island up to speed with rapidly evolving technology.
- The agency has “pivoted” from plans to hire a head of AI with a £100,000 salary, instead partnering with industry to access the necessary skills.
Broader Implications: The Isle of Man’s proactive approach to AI upskilling and adoption could serve as a model for other small economies looking to leverage emerging technologies for growth. However, the success of the initiative will depend on effective implementation, public engagement, and the ability to translate AI-driven productivity gains into tangible economic benefits for businesses and residents alike.
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