Written Question·Department for Science, Innovation and Technology·UIN 12197

Artificial Intelligence: Economic Growth

Tabled: 31 October 2024

Answered: 11 November 2024

Named Day

Question

Samantha Niblett

To ask the Secretary of State for Science, Innovation and Technology, what discussions he has had with Cabinet colleagues on artificial intelligence and its role in economic growth.

Answer

Feryal Clark

Artificial Intelligence (AI) offers great economic potential for the whole of the UK.The UK’s AI Sector was valued at £72.3bn in 2024 - larger than any country in Europe. Forecasts suggest it could eventually be worth over £800 billion by 2035.The AI Oppo...

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