EconomyPolicy

UK Chancellor Unveils Sweeping Regulatory Overhaul to Boost Business Growth

Chancellor Rachel Reeves has launched a comprehensive business deregulation initiative aimed at saving UK companies £6 billion annually. The plan includes overhauling merger review processes and attracting significant private investment across multiple sectors. These measures come alongside major infrastructure funding announcements designed to accelerate regional development projects.

Major Regulatory Reform Initiative

UK Chancellor Rachel Reeves has announced what sources describe as a comprehensive “blitz on business bureaucracy” that reportedly aims to save British companies nearly £6 billion annually. According to the Treasury, the initiative targets what the chancellor characterizes as “pointless paperwork” and “needless form-filling” that particularly burdens small businesses.

AITechnology

Researchers Propose Moving Beyond Turing Test to Focus on AI Safety and Practical Applications

Leading researchers gathered at London’s Royal Society to mark the 75th anniversary of Alan Turing’s famous test, arguing that current AI capabilities require more meaningful evaluation methods. The consensus suggests focusing on safety metrics and practical applications rather than pursuing artificial general intelligence as the primary goal.

The End of an Era for AI Evaluation

According to reports from a landmark event at London’s Royal Society, leading artificial intelligence researchers are calling for the retirement of the Turing test as a meaningful benchmark for machine intelligence. The gathering, which marked the 75th anniversary of Alan Turing‘s seminal paper, featured experts who argued that today’s sophisticated AI models have effectively rendered the famous thought experiment obsolete.