Insolvency Service: Artificial Intelligence
The question
To ask the Secretary of State for Business and Trade, for what purposes the Insolvency Service has used artificial intelligence in the last 12 months.
Answered by Justin Madders
Artificial Intelligence (AI) is at the heart of the Government’s plan to kickstart an era of economic growth, transform how we deliver public services, and boost living standards for working people across the country.
The Insolvency Service has used AI for three Proof of Concepts of internal chatbots which utilise a Large Language Model.
It is working with the Cabinet Office to publish Algorithmic Transparency Reporting Standards (ATRS) on two of its services. These relate to our Director Conduct Reporting Service and our Redundancy Payments Service Calculation Engine.
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