UK AI minister lowers forecast: up to £140 billion by 2030
11/04/2026 — 11/05, 02:21·2 sources (all)·2 reports (all)
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- Wired reports UK AI minister Kanishka Narayan now expects AI to add £55-140 billion to the economy by 2030, less than a third of the £400 bi…
Latest turnUK AI minister Kanishka Narayan said AI is set to add £55B to £140B to the UK economy by 2030, less than a third of the £400B estimate from a Google-led report that officials had previously touted, Wired reports. Researchers attribute the gap to the country's slow rate of AI adoption.
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UK AI minister Kanishka Narayan said AI is set to add £55B to £140B to the UK economy by 2030, less than a third of the £400B estimate from a Google-led report that officials had previously touted, Wired reports. Researchers attribute the gap to the country's slow rate of AI adoption.
TechmemeAI score 57UK officials said AI would add £400 billion to the economy, but the AI minister now concedes the estimate is less than a third of that figure, Wired reports. The original number mainly came from Google, and researchers blame the UK's slow rate of AI adoption for the gap.
Wired · AIAI score 56
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