Question to the HM Treasury:
To ask the Chancellor of the Exchequer, for what purposes the Government Internal Audit Agency has used artificial intelligence in the last 12 months.
The Government Internal Audit Agency has made advancements with the development of three innovative AI-powered engines: the Writing Engine, Risk Engine, and Insights Engine. These engines have been utilised to draft audit reports, identify and express potential risks, and analyse document collections to perceive themes within the collection. The systems have been crucial in significantly reducing the time spent on planning and researching audit activities and writing reports. The Writing Engine has reduced the time taken to produce a first draft from two days to 20 seconds.