Government’s Industrial Strategy looks to use innovation as a way to address the challenges of an ageing society
Published by the Department for Business, Energy & Industrial Strategy, the Industrial Strategy outlines the Grand Challenges which intend to put the UK at the forefront of the industries of the future.
The first four Grand Challenges set out by the Government focus on the global trends which intend to transform Britain’s future: Artificial Intelligence (AI) and data, ageing society, clean growth, and the future of mobility.
In order to tackle these Grand Challenges, the Government has developed targeted missions that focus on a specific problem, bringing government, businesses and organisations across the country together to make a difference to people’s lives.
One of the main points in the Grand Challenges underlines the problems with an ageing society.
As the UK population ages, it means that people need to plan their careers and retirement differently. In turn, an ageing population creates different demands for technologies, products and services, new housing models, and innovative saving products for retirement.
To respond to the ageing population, the Government intends to use innovation to address these changing needs.
The overall mission is to: “Ensure that people can enjoy at least 5 extra healthy, independent years of life by 2035, while narrowing the gap between the experience of the richest and poorest.”
Another key point set out in the Grand Challenges is to ensure the UK makes proper use of AI and data.
The Government notes that AI and machine learning are not only industries in their own right, but that they have helped many businesses across a variety of sectors to deploy vast datasets and to identify better ways of doing complex tasks, such as helping doctors diagnose medical conditions.
The overall mission is to: “Use data, Artificial Intelligence and innovation to transform the prevention, early diagnosis and treatment of chronic diseases by 2030.”