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

UK government officials have walked back a previous projection that artificial intelligence would contribute 400 billion pounds to the national economy, with the AI minister now noting that the actual impact will be less than one-third of that amount. This revised estimate follows revelations that the original figure relied heavily on data provided by Google. Researchers suggest the significant adjustment is due to the country’s slow rate of AI adoption among businesses.