Wired · Ben Gartside ·

UK AI Minister Kanishka Narayan says AI is set to add £55B to £140B to the economy by 2030, below a £400B estimate from a Google-led report touted by officials

The AI minister now concedes the estimated figure is less than a third of that. Researchers blame the country's slow rate of adoption

In this story Google Kanishka Narayan

UK AI Minister Kanishka Narayan says AI is set to add £55B to £140B to the economy by 2030, below a £400B estimate from a Google-led report touted by officials

Lead Source

Wired — UK AI Minister Kanishka Narayan says AI is set to add £55B to £140B to the economy by 2030, below a £400B estimate from a Google-led report touted by officials ↗

How this story grew

Coverage · 0 Discussion · 0

Nov 4Nov 5

Discussion

r/technology r/unitedkingdom r/uknews

@dantemmartin @wired @bengartside @deepthoughtar

Related stories

Bloomberg: The UK's Office for National Statistics cites AI as a major driver of the country's summer growth spurt, with GDP growing 0.4% in July, above expectations

Financial Times: The UK unveils a £100M Sovereign AI R&D Procurement Scheme for domestic AI startups focused on public services, amid growing opposition to Palantir contracts

BBC: The UK plans to invest £100M to create the AI Biosecurity Lab to boost defenses against biological threats, supported by OpenAI, Anthropic, and Google DeepMind

Bloomberg: The UK's Office for National Statistics: UK digital infrastructure investment crossed £11B in 2025, hitting dot-com boom levels, amid an AI data center surge

Ghosts of Electricity: A look at why the oft-discussed predictions that AI will deliver double-digit GDP growth in advanced economies are extremely unlikely over the next 10-15 years

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif