Bank of England’s AI Strategy
Underscoring the significance of data to AI solutions, he advocated that the new wave of AI solutions is a reason to double down on strengthening data foundations.
In particular, the BoE is broadening the scope of its data governance framework to better address unstructured data. In addition to data governance, the BoE is working towards AI literacy for everyone at the BoE and AI fluency for its expert data professionals.
The BoE is developing its use of AI through a series of targeted experiments which it is using to build its AI strategy.
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