Scotland Sets Out First-Year Actions in AI Strategy

Scotland sets out first-year actions in AI strategy

The Scottish Government has outlined a series of immediate measures to drive adoption of artificial intelligence as part of its new five-year strategy aimed at boosting economic growth and productivity. The plan positions AI as a key driver of future prosperity, with independent analysis estimating the sector could contribute £23 billion annually to Scotland’s economy by 2035. Initial actions to be delivered within the first year include the cre…

Artificial intelligence could add £23bn to Scotland’s economy by 2035, says minister at launch of new national AI strategy

Artificial intelligence is the ‘next major frontier’ and could add £23 billion to Scotland’s economy by 2035, a Scottish Government minister said today at the launch of a new national AI strategy in Edinburgh. Business minister Richard Lochhead said there are now 300 AI-focused companies operating in Scotland, and name-checked one AI firm that is now officially Scotland’s fastest-growing company, having grown from zero to $100million in 18 month…