Illustration, AI-generated from the story text. Tap a panel to read the story through it.

1 / 3UK minister's new AI estimate is £55 billion to £140 billion, far below the £400 billion that came mainly from Google×

The new figure

The UK's AI minister now projects that AI will add £55 billion to £140 billion to the economy by 2030, Wired reports, well under the £400 billion officials had been citing, a figure that traced mainly to Google.

The cut

That is a cut of 65% or more from a number a vendor supplied.

The sourcing

This account rests on a summary of Wired's report.

Sources and the full story

‹›

UK minister's new AI estimate is £55 billion to £140 billion, far below the £400 billion that came mainly from Google

The UK's AI minister now projects that AI will add £55 billion to £140 billion to the economy by 2030, Wired reports, well under the £400 billion officials had been citing, a figure that traced mainly to Google. That is a cut of 65% or more from a number a vendor supplied. This account rests on a summary of Wired's report. SourcesB

Sources

• BUK officials said AI would add £400 billion to the economy (Wired, refused our fetch; read via Techmeme summary)wired.com

This story ran in the Afternoon Brief of November 4th 2026.