Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential of (a) artificial intelligence, (b) organ-on-a-chip technology and (c) other New Approach Methodologies to benefit the UK economy: and whether he considers the development of these technologies to be a particular area of strength for the UK.
Harnessing the potential of AI is predicted to grow the economy by £232bn or 10.3% of GDP by 2030. In 2021 the Government published its National AI Strategy – a 10 year plan to ensure the UK remains a leader in AI. We are behind only the US and China and home to a third of Europe’s AI companies – more than 1,300 with a turnover of $2B.
Through UK Research and Innovation, the National Centre for reduction, replacement and refinement of animal testing in medicine has committed £100 million in research to develop new approach methodologies, including organ-on-a-chip.