Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, whether he has made an assessment of the potential merits of introducing financial penalties on companies that replace more than 10% of their workforce with AI.
We are working to harness the benefits that AI can bring – such as productivity gains, rising living standards, and improved worker wellbeing; while mitigating the risks. Government is planning for a range of plausible outcomes and closely monitoring the data that will help us track and prepare for these.
The Get Britain Working White Paper from DWP, HMT and DfE also sets out how government will address key labour market challenges. We will continue to work closely with these and other government departments through the AI Opportunities Action Plan on this rapidly developing area.