John Healey pledges to use budget to harness power of AI to bolster Britain’s security
Chancellor says government to commit hundreds of millions to develop ‘distinctively British’ approach to AI John Healey has pledged to use Wednesday’s budget to harness the power of artificial intelligence to bolster Britain’s security and prosperity against the risks in the accelerating global technology arms race. As he prepares for his debut budget, the chancellor said that Andy Burnham’s…
Chancellor John Healey has announced plans to allocate significant funds in Wednesday's budget to leverage artificial intelligence (AI) to enhance Britain's security and economic growth. Healey, preparing for his first budget as part of Andy Burnham's government, pledged to commit hundreds of millions of pounds to create a "distinctively British" approach to AI.
This investment aims to capitalize on the benefits of AI technology while mitigating its potential threats and disruptive effects. Healey emphasized that AI would transform daily life, benefiting businesses, communities, hospitals, schools, and every aspect of the UK economy. Recognizing concerns about job displacement, Healey outlined a plan to allocate £10 million annually to support AI understanding of job shifts and industry evolution.
Furthermore, the government will invest up to £300 million in public-private partnerships for an AI Biosecurity Lab, designed to safeguard against biological threats. The Chancellor's budget aims to bolster national security, protect crucial industries, and foster homegrown talent and businesses amid growing global AI advancements and geopolitical tensions.
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