Artificial Intelligence Opportunities Action Plan

Chris McDonald Excerpts

Monday 13th January 2025 Commons Chamber

[Peter Kyle]

I admire the way the Conservatives just push through with this. They did not commit a single penny to a single one of the projects that the hon. Gentleman mentions. They want all the benefits of our Budget, but will not say how they would pay for them. He is actually asking me to cut £800 million, or £1.3 billion, of revenue—perhaps cut thousands of research grants to universities and PhD students—to pay for a project that the Conservative Government announced but did not commit a single penny to.

[Chris McDonald (Stockton North) (Lab)]

The Secretary of State mentioned the benefits to industrial communities such as Stockton North. Does he agree that the commitment to artificial intelligence will lead to more investment in data-intensive heavy industries, such as chemicals and life sciences? I warmly invite him to visit the Billingham chemicals cluster in my constituency if he wishes to see industrial AI in action.

[Peter Kyle]

My hon. Friend could not be more right. Not only will AI improve the investment landscape for physical infrastructure but it will mean profound technological advances in all sorts of industries, including those that are chemistry dependent. I am so glad that those industries have an MP who recognises that, is on their side, and is sticking up for them today in the British Parliament.