Economic Situation: Artificial Intelligence
The question
To ask the Chancellor of the Exchequer, if she will request that the Office for Budget Responsibility model an AI-accelerated productivity scenario alongside potential fiscal risks for (a) climate change, (b) demographic and (c) other trends.
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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