Industrial Strategy to use tech to solve ‘grand challenges’
UK Government launches Indutrial Strategy whitepaper stating Britain can escape its crisis in living standards by focusing investment on technology to tackle “grand challenges” such as clean energy and the ageing population
Four grand challenges are viewed as key to reviving productivity growth across the economy. Artificial intelligence, medical care for an ageing population, mobility including driverless vehicles and clean energy. Success will be dependent on successful translation of innovation research into industrial applications.