ARTIFICIAL INTELLIGENCE IS REAL TO LONDON’s ECONOMY

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Lord Mayor steps out after the official ceremonies at the Royal Courts of Justice.

New London’s Lord Mayor Mainelli (5 Reasons why London’s leadership in Artificial Intelligence and other global issues is crucial)

Artificial Intelligence will be the focus of the new Lord Mayor of London, Professor Michael Mainelli according to is inaugural given to elite audience including the Prime Minister – Rishi Sunak. The City of London Corporation, the municipal governing body of the historic centre of London, recently witnessed a significant change in leadership with the installation of a new Lord Mayor.

Professor Chris Imafidon, renowned consultant to monarchs, governments, president and corporate leaders, joined other guests of the Lord Mayor to celebrate this historic event held in the heart of London’s financial district. For an AI (Fred@FireFlies.ai)’s transcribed copy of the speeches of the Lord Mayor, Prime Minister and Archbishop of Canterbury, DM @ChrisImafidon

The annual Lord Mayor Show, a time-honoured tradition, marked the inauguration of the new Lord Mayor, Michael Mainelli, subsequently hosted a special Lord Mayor Banquet. The event was attended by various dignitaries, including the Prime Minister, who delivered a speech addressing topics such as artificial intelligence and more. This change in leadership holds immense significance for the City of London Corporation and its role in the local and international arena.

The City of London Corporation

The City of London Corporation, also known as the Mayor and Commonalty and Citizens of the City of London, is the governing body of the City of London, which is home to the UK’s financial sector and holds a unique position within the country’s political landscape. The Corporation’s leadership is crucial in shaping policies, representing the City to foreign dignitaries, and overseeing various ceremonial and administrative functions

The Lord Mayor of London

As the leader of the City of London Corporation, the Lord Mayor of London serves as the key spokesman for the local authority and holds important ceremonial and social responsibilities. The Lord Mayor is elected annually and plays a pivotal role in representing the City to both domestic and international audiences, making numerous speeches and attending various events throughout the year

Mainelli’s Speech Highlights

  • The importance of ensuring that AI is used to benefit society at large
  • The need for AI to be developed and deployed in a way that is transparent, accountable, and fair
  • London’s growing reputation as a hub for AI innovation
  • The importance of responsible AI development and deployment
  • Mainelli’s other priorities as Lord Mayor, including addressing the cost of living crisis, promoting sustainable development, and supporting London’s cultural sector
  • Mainelli’s confidence that AI can play a key role in helping London to thrive in the years to come

New Lord Mayor and Banquet

The installation of the new Lord Mayor, Michael Mainelli, signifies a change in leadership within the City of London Corporation. The Lord Mayor Show, a historic event dating back to the 16th century, serves as the backdrop for this transition of power. Following the show, the new Lord Mayor hosted a special Lord Mayor Banquet, which was attended by the Prime Minister, among other dignitaries. During the banquet, Lord Mayor Mainelli delivered a speech that touched upon various topics, including artificial intelligence and its implications for the City of London and beyond

Significance of the Change

The change in leadership within the City of London Corporation holds significance for several reasons. Firstly, it marks the beginning of a new tenure for the Lord Mayor, who will now take on the responsibilities of representing the City and engaging with various stakeholders. Secondly, the presence of the Prime Minister at the Lord Mayor Banquet underscores the event’s importance and the Corporation’s role in engaging with national leadership. The topics addressed in the Lord Mayor’s speech, particularly those related to technology and innovation, reflect the Corporation’s awareness of contemporary issues and its commitment to addressing them

Conclusion

The change of leadership within the City of London Corporation, as exemplified by the installation of a new Lord Mayor and the subsequent Lord Mayor Banquet, represents a significant moment in the City’s governance and ceremonial traditions. The new Lord Mayor, Michael Mainelli, is poised to lead the Corporation and fulfill the various roles and responsibilities associated with the position. The presence of the Prime Minister at the banquet further emphasizes the Corporation’s importance in the national context. As the City of London continues to evolve and engage with modern challenges, the leadership transition sets the stage for a new chapter in the Corporation’s history, with implications for both the local and international community.

Professor Chris Imafidon is chair, ExcellenceinEducation.org.uk, an alliance of educational charities and institutions that mentors youths, women and professionals in the commonwealth. It began at the City of London in response to poor outcomes. Professor Imafidon is a multi-Guinness World record holder; internationally renowned adviser to monarchs, governments, presidents and corporate leaders; Mentor to multi-millionaire tech entrepreneurs & many world record holders. His Artificial Intelligence, STEM and other research and innovation have been recognised internationally, winning multiple awards. Professor Imafidon is 5X International Bestselling author; Mentor to New York Times Bestsellers and a Sunday Times Op-ed author, a Wall Street Journal BestSelling author and a regular contributor to #AfricanVoice;. [Twitter @ChrisImafidon; Instagram @CoImafidon; Facebook/Linkedln/ClubHouse –Professor Chris Imafidon

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Lord Mayor inaguration ahead of the banquet.
Guests at the Lord Mayor reception held at the official residence the Annual Lord.
Rt Hon Nicholas Lyons – Outgoing Lord Mayor.
Sir Ken Olisa OBE HM Lord-Lieutenant of London at the Lord Mayor residence.