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Bloomberg
Artificial intelligence (AI) could add $837 billion to UK economy by 2035, a government-commissioned report said.
The economic boost would come from a combination of more personalized services, improvements in health care and adopting machine learning to find ways to use resources more efficiently, according to the report.
“The UK could stay among the world leaders in AI in the future, or allow other countries to dominate, the report’s authors, Wendy Hall, a professor of computer science at the University of Southampton, and Jerome Pesenti, CEO of health care research startup BenevolentAI, wrote.
The review is part of a series of recommendations Prime Minister Theresa May’s government has solicited from business and academic leaders on how to shape British industrial strategy.
Besides AI, May’s government has talked about promoting robotics, 5G wireless internet, and so-called ‘smart energy’ technologies.