According to the researchers, automation will save the U.K. billions starting almost immediately but outside analysts aren't so sure.
The Tony Blair Institute for Global Change (TBI), a non-profit think tank, recently published research indicating that artificial intelligence could streamline the United Kingdom’s workforce, reduce government costs by billions, and automate more than 40% of worker tasks.
According to the research, however, these benefits would require the government “to invest in AI technology, upgrade its data systems, train its workforce to use the new tools and cover any redundancy costs associated with early exits from the workforce.”
This would cost approximately $4 billion per year for the next five years and $7 billion per year after that, write the researchers.
