‘Capital fundamentalists’: Are they killing Britain’s growth? | LBC
The boss of Google’s UK and European operations has issued a ‘call to arms’ over a worrying gap in the UK’s adoption of artificial intelligence (AI) that could leave Britain at risk of missing out on a £200 billion boost to the economy.
New research from the tech giant suggests that two-thirds of workers (66%) in Britain have never used generative AI in their jobs, with usage particularly low among women over 55 and those from lower socio-economic backgrounds.
The firm said that while AI has the potential to add £400 billion to Britain’s economy by the end of the decade through enhanced productivity, only half of this will be realised if the UK does not plug the adoption gap.
While it’s still uncertain whether AI can do what needs to be done for our economy, Professor Daniel Susskind, an economist at King’s College London and Cambridge University, thinks he knows how to help.
As the debate on how to create growth continues, he joins LBC’s Ali Miraj to discuss.
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Credit to : LBC
