questionText: To ask the Secretary of State for Science, Innovation and Technology, what assessment she has made of the potential impact of artificial intelligence on economic growth over the next decade.
answerText: The OECD estimates that AI adoption could add 0.4 to 1.3 percentage points to the UK’s productivity growth. These estimates are highly uncertain, but this would be the equivalent of adding £55-140 billion to UK GVA in 2030. As well as this, since the pres...
heading: Artificial Intelligence: Economic Growth