A new plan to translate Scotland's innovation and expertise in
artificial intelligence (AI) into more companies, jobs and
investment is being published today (Friday 20th
March).
The Scottish Government's new five-year AI Strategy will focus on
harnessing the economic potential of the technology,
helping ensure all people and businesses can benefit from it.
Independent analysis forecasts that AI could contribute £23
billion a year to the Scottish economy by 2035.
Nearly 300 AI-focussed companies are already operating in the
country, with major international investments in the country's
skills and infrastructure also being made. They include Lenovo,
which has chosen Edinburgh as one of just two global locations to
form a new AI Research and Development Hub.
Business Minister said:
“AI is advancing faster than any technology we have ever seen and
Scottish universities and businesses are at the forefront of the
incredible services and products it is generating.
“Almost 300 AI‑focused companies now operate in the country -
many of them home-grown, university spinouts. They are growing
fast, exporting products, attracting investment and competing
internationally.
“Global companies are meanwhile investing is our skills and
expertise which is a major signal of confidence and tells the
world that Scotland is a serious player in the development of AI
as a force for good.
“We must continue this progress and successes already secured
into further companies, jobs and investment. The Scottish
Government's new AI Strategy for Scotland will chart a course to
ensure the benefits of AI reach people, communities and
businesses across every part of our country.”
