Economic Policy: ICT
The question
To ask the Chancellor of the Exchequer, whether her Department has issued guidance to the Office for Budget Responsibility on the potential inclusion of (a) technological disruption and (b) artificial intelligence in its long-term economic modelling.
Answered by Emma Reynolds
The Office for Budget Responsibility (OBR) is the Government's official independent forecaster responsible for assessing the UK economic and fiscal outlook. All judgements underpinning these forecasts, including estimates of the impacts of Artificial Intelligence (AI), are for the OBR and the OBR has discretion over the contents of its publications.
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