HMT and DSIT launch the AI Economics Institute, the first government-backed body to assess AI’s impact on productivity, jobs, growth and the economy and help shape future policy

The policy paper introduces the AI Economics Institute as a joint HM Treasury–DSIT unit focused on analysing the economic impacts of advanced AI and supporting evidence-based policymaking. It will build data on AI adoption, research effects across sectors, occupations and worker groups, model economy-wide impacts, and work with industry, academia, government and international partners to help shape the UK’s response to AI-driven economic…