UK targets AI for £630 billion economic bump by 2035

London: Artificial intelligence (AI) could add £630 billion ($837 billion) to the UK economy by 2035, a government commissioned report said. The economic boost would come from a combination of more personalized services, improvements in health care and adopting machine learning to find ways to use resources more efficiently, according to the report. But to see that gain, the UK needs to do more to encourage businesses to deploy machine learning and artificial intelligence and ensure the UK maintains a leadership position in AI research and development. "We have a choice," the report's authors, Wendy Hall, a professor of computer science at the University of Southampton, and Jerome Pesenti, chief executive officer of health care research startup BenevolentAI, wrote. "The UK could stay among the world leaders in AI in the future, or allow other countries to dominate."