AI could boost UK economy by 10% in five years, says Microsoft boss
SMRTR summary
Microsoft's $30bn UK AI investment aims to boost Britain's economy by 10% within five years. Part of a £31bn tech agreement, it includes building a supercomputer in Essex and creating an AI growth zone in northeastern England expected to generate 5,000 jobs. CEO Satya Nadella compares AI's economic potential to the personal computer revolution while acknowledging concerns about energy consumption and job disruption.
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