Summary
- Adding five years to AI rollout in the UK could lead to a £150 billion reduction in economic impact by 2035.
- The UK is just slightly ahead of other major economies in AI adoption.
- Complete utilization of AI and cloud could boost the UK’s GDP by over £550 billion by 2035.
- Factors hindering UK businesses from digitalization include low compute capacity, lack of infrastructure, SMBs not adopting key technologies, and digital skills shortage.
