Artificial Intelligence: Impact on Employment Debate

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Department: Department for Business and Trade

Artificial Intelligence: Impact on Employment

Lord Vaizey of Didcot Excerpts
Monday 13th April 2026

(1 day, 18 hours ago)

Lords Chamber
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Baroness Lloyd of Effra Portrait Baroness Lloyd of Effra (Lab)
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Indeed, the OECD estimates that widespread AI adoption could boost UK productivity by 0.4 to 1.3 percentage points annually. That is why we have an AI Opportunities Action Plan and why we have already progressed 38 of the 50 recommendations. The AI sector already employs 86,000 people in the UK and is growing rapidly. We are doing everything we can to support the safe and sustainable adoption of AI so that companies and workers can benefit.

Lord Vaizey of Didcot Portrait Lord Vaizey of Didcot (Con)
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My Lords, the noble Lord’s question was spot on, but may I focus on a slightly different area? I read over the weekend that Anthropic has produced software that it now deems too dangerous to launch publicly because of its huge impact on cyber security. This artificial intelligence is apparently able to crack all the flaws and bugs in cyber security systems, which obviously could have a devastating impact on our economy, given that it is now so digitally based. What plans do the Government have to discuss this concerning issue with Anthropic?

Baroness Lloyd of Effra Portrait Baroness Lloyd of Effra (Lab)
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We take the security implications of frontier AI seriously. Through our AI Security Institute, we have world-leading expertise in this area and maintain continuous engagement with global technology leaders. For obvious reasons, I am not going to comment on the specifics of all those engagements, but, in order to stay ahead of evolving threats, businesses should act now to strengthen their online defences. The NSCS’s guidance outlines how to secure Cyber Essentials certification and patch vulnerabilities quickly. AI capabilities are moving fast, but strong fundamentals are still effective.