Skip to main content
  • The CBI chevron_right
  • AI: The economic facts behind the technology dominating conversation across the UK

AI: The economic facts behind the technology dominating conversation across the UK

Joe Oliver Economist, CBI Economics

CBI Economics analyses the AI economy and highlights why its governance will be key to supporting growth

06 Sep 2023, 8 min read

Key takeaways

  • The UK AI industry could contribute more to the economy than the country’s travel agents, as those firms measured contribute around £9bn in GVA each year.
  • AI firms support just over 120,000 full-time equivalent (FTE) employees across the UK, 0.5% of total jobs across the UK economy.
  • These firms are currently attracting more investment than the net zero economy.

Exclusive member-only content Already a member?

Exclusive member-only content
error_outline
This should be your company email address
visibility_off

Not a member yet?

Every member matters.
Whatever and wherever your business, no matter how big or small, you can benefit by being a CBI member. With offices, events, and services across the UK, we're here to support you.

Find out more