Google Predicts £400 Billion Economic Boost From AI In UK

Google report: AI could add £400bn to UK economy by 2030. AI aids workers, boosts skills, and spurs social innovation.

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A new report commissioned by Google estimates that artificial intelligence technologies could add over £400 billion to the UK economy by 2030.

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The report, compiled by the consultancy Public First, analyzed how Google’s tools and services enable productivity gains, increasing access to jobs for people with disabilities and providing people with digital skills training.

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The analysis found that AI innovations from Google and others could save the average UK worker over 100 hours per year, the biggest gain since the advent of Google Search.

Productivity Gains From AI

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These tools help automate more tasks and workflows, freeing up workers. But many jobs will be transformed, not eliminated, by AI.

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AI could save over 700,000 hours annually in administrative work for GPs and teachers.

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This reduction in workload could alleviate staff shortages and release over £8 billion in public sector resources for other purposes.

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