Delaying AI's Rollout in the U.K. by Five Years Could Cost the Economy £150+ Billion, Microsoft Report Finds

Full Article
Delaying AI's Rollout in the U.K. by Five Years Could Cost the Economy £150+ Billion, Microsoft Report Finds

A Microsoft report reveals that delaying the rollout of AI in the U.K. by five years could result in an economic loss of over £150 billion. The report emphasizes the importance of the U.K. capitalizing on AI technology to boost its economy, businesses, and job market. The country currently ranks second globally in AI adoption, highlighting the need to act swiftly to maintain this position.

The report identifies key factors hindering the U.K.'s full utilization of AI, such as low compute capacity, delays in infrastructure development, and a lack of digital skills among businesses. By fully embracing AI and cloud technologies, the U.K. could potentially increase its GDP by more than £550 billion by 2035. The study also outlines the positive impacts of AI on individual workers, businesses, and job creation in the U.K.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 6month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 6month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 6month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 6month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics