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TNW | Government-policy

UK now puts AI’s 2030 boost at £120bn, not the £400bn from a Google report

Kanishka Narayan told Parliament the higher number came from a Google-commissioned report by Public First. The government’s own model puts AI's gain at £55bn to £140bn in 2030.

By TNW | Government-policy

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·Excerpt
UK now puts AI’s 2030 boost at £120bn, not the £400bn from a Google report
Image: Kanishka Narayan, the UK’s minister for artificial intelligence.

The UK government now expects AI to add £55bn to £140bn to the economy by 2030. Its central estimate is £120bn. Its AI Opportunities Action Plan put the gain at £400bn, and AI minister Kanishka Narayan has now confirmed that Google commissioned the report behind that number.

Narayan gave both figures in…

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