UK Officials Said AI Would Add £400 Billion to the Economy. That Figure Mainly Came From Google

Automated excerpt

For the last two years, the UK government has been telling the British public that the country could receive an economic boost of £400 billion, thanks to AI, a figure intended to calm fears that the technology would lead to sweeping job losses and even an economic crash. Compared to our older model, the numbers the government uses assume a much slower rate of adoption than looked possible back in our model that was created in 2023.” Government departments and agencies used Google’s £400 billion figure for almost two years, under two governments.

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