UK chancellor Healy said the government must embrace AI and invest in data
centres to deliver a productivity revolution and help lift wages for ordinary
workers. Healy said AI has the potential to attract large-scale investment into
the UK and urged development of a sovereign AI capability to support growth and
protect national security. Healy discussed the AI revolution with Fed chair
Kevin Warsh during Warsh’s UK visit on Wednesday; Warsh said the US is already
seeing early signs of AI-driven productivity and wage gains for ordinary workers
and UK growth data may be showing initial signs as well. Prime Minister Burnham
made a brief appearance at the meeting.
