Artificial Intelligence: Investment and Skilled Workers

(asked on 8th January 2025) - View Source

Question to the Department for Science, Innovation & Technology:

To ask His Majesty's Government what steps they are taking to support the growth of the UK’s AI sector, particularly regarding (1) investment into the sector, and (2) retention of skilled workers.


Answered by
Lord Vallance of Balham Portrait
Lord Vallance of Balham
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 22nd January 2025

The IMF estimates the adoption of AI across the economy could boost productivity by up to 1.5 percentage points a year - more than doubling our growth rate since 2010.The AI Opportunities Action Plan sets out game-changing initiatives to make this a reality, including a twenty fold increase in compute power and the creation of AI growth zones.

The plan also aims to address the mismatch between supply and demand of UK AI talent. It sets out the essential role that equipping our workforce with the right skills and attracting top talent will play in growing the UK’s AI sector

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