Asked by: Neil Duncan-Jordan (Labour - Poole)
Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, whether he has made an assessment of the potential merits of introducing financial penalties on companies that replace more than 10% of their workforce with AI.
Answered by Feryal Clark - Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
We are working to harness the benefits that AI can bring – such as productivity gains, rising living standards, and improved worker wellbeing; while mitigating the risks. Government is planning for a range of plausible outcomes and closely monitoring the data that will help us track and prepare for these.
The Get Britain Working White Paper from DWP, HMT and DfE also sets out how government will address key labour market challenges. We will continue to work closely with these and other government departments through the AI Opportunities Action Plan on this rapidly developing area.
Asked by: Neil Duncan-Jordan (Labour - Poole)
Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, whether he plans to take steps to ensure that the use of AI does not lead to large scale job losses.
Answered by Feryal Clark - Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
A technology as transformative as AI will inevitably have an impact on the UK labour market. The Get Britain Working White Paper sets out how we will address key labour market challenges and spread opportunity.
A key element of the AI Opportunities Action Plan, and our broader work on education, is focused on ensuring citizens have the right skills to adopt and take advantage of AI capabilities.
We are working across government to understand and address the challenges and opportunities that AI presents.
Asked by: Neil Duncan-Jordan (Labour - Poole)
Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what his policy is on the future of the Digital Growth Grant after April 2025.
Answered by Feryal Clark - Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
The DSIT settlement of £15.1 billion in 2025/26 announced at the October Budget provides the investment required to further the UK’s science and technology ambitions. DSIT is undertaking an internal allocations process to set 2025/26 budgets but until then, we cannot confirm future funding decisions. Programmes such as the SEIS/EIS schemes, R&D Tax Credits and various visa routes demonstrate the UK’s commitment to supporting tech companies in thriving in the UK. DSIT further continues to unlock investment in the tech sector, through the British Growth Partnership, the National Wealth Fund and the Pensions Review.