"Artificial intelligence" – or AI -- is one of the world's fastest-evolving technologies. But it doesn't come without fears for the future. According to report from a Beijing-based IT consultancy, some global businesses are resisting the march of artificial intelligence. Richard Bestic reports from the China-Britain AI summit in London.

RICHARD BESTIC LONDON "Not since this man, Michael Faraday began toying with the basic elements of electricity way back in the 1820's has there been such a disruptive discipline as Artificial Intelligence. Trouble is, this time round the changes are coming at a blistering pace. Governments and businesses around the world struggling to keep up. The China Britain Business Fusion invited experts to London to examine the costs in jobs and ethical impact. Many among them concede concerns if the future's unregulated."

BO JI ASSISTANT DEAN, CHEUNG KONG BUSINESS SCHOOL "It is a big concern, you know. Ethics in terms of whether some of the AI technology being used is ethical and also, obviously, in terms of jobs AI is here to replace human intelligence, to replace labour; that's by definition the value that AI creates. So, that means a lot of people will lose their jobs."

So, jobs will be lost to robots particularly in fields like accountancy and legal services. However, according to one start-up's expert here, the way to getting one over on the robots is to keep it personal.

ASMA BASHIR CHAIR, CENTURO GLOBAL "What I'm conscious of is not losing that humanity side, because I think that we as people stay connected. And connection, meaningful connection are very important to me."

London's a European hub for Artificial Intelligence, while the Chinese government has ambitions for the country to become a world leader by 2030. Global Tech Advocates, a private sector tech network, says China has the data, London has the start-ups. The pair dovetail nicely, it's said.

RUSS SHAW FOUNDER, GLOBAL TECH ADVOCATES "China has a lot of data, they know how to scale businesses. They have built some great tech behemoths; Baidu; Alibaba; Ten Cent; JD.com. The UK has great talent; great universities; a lot of creativity and innovation and now in places like London, we're becoming an AI centre of excellence."

And it's moving fast. It took two centuries before Faraday's tinkering with electricity super-charged the world. With AI it'll be just a matter of decades - society and governments playing catch-up. RB, CGTN, London.