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Written question asked by Lord Taylor of Warwick (Non-affiliated) on Thursday, 23 July 2026, in the House of Lords. It was due for an answer on Thursday, 6 August 2026. It was answered by Baroness Lloyd of Effra (Labour) on Monday, 10 August 2026 on behalf of the Department for Business, Innovation, Science and Trade.


Artificial Intelligence: Investment

Question

To ask His Majesty's Government what assessment they have made of the risks to the UK economy arising from the rapid growth of investment in AI technologies.

Answer

The Government recognises that rapid growth in AI investment presents both opportunities and risks for the UK economy.

The Government closely monitors trends in investment, including through the AI Sector Study. We will continue to assess potential impacts of that investment on productivity, skills, competition, infrastructure and economic resilience. Our approach is to support AI adoption and investment that drives growth and innovation.


Secondary information

Type
Written question
Reference
HL2780
Session
2026-27
Subjects
Investment Economic situation Artificial intelligence
Link
View this Written question on www.parliament.uk