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Labour Market

Department for Business, Energy and Industrial Strategy written question – answered on 14th February 2018.

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Photo of Lord Taylor of Warwick Lord Taylor of Warwick Non-affiliated

To ask Her Majesty's Government what assessment they have made of the impact of artificial intelligence and automation on the labour market in the coming decades.

Photo of Lord Henley Lord Henley Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Government continually monitors external evidence on this key topic, including evidence drawn from think tanks, academics and representative bodies.

In our Industrial Strategy, we announced a Grand Challenge on growing our AI and Data-driven economy. Meeting our Grand Challenge means maximising the opportunities created by AI and advanced data technologies, and responding to the potential impacts on society, including the labour market. Embedding AI across the UK will create thousands of jobs and drive economic growth. AI could add £232 billion to the economy by 2030. Through the Industrial Strategy, we will help people develop the skills needed for the jobs of the future, including by investing in maths, digital and technical skills, and introducing a national retraining scheme in England.

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