Gen(eration) AI Report

The Gen(eration) AI report
from King’s Trust and Public First finds transformation potential of AI could be worth £16 billion to the UK economy, but potential productivity loss could cost £12 billion.
One in five young people say they have already changed their career choices because of AI and over a quarter have avoided applying for a certain job because they think AI could replace it.
Young people say AI tools are “very important” for their work (47%), studies (53%) or day-to-day life (38%).
Young people want employers, schools and training providers to do more to help with the potential impact of AI.

The King’s Trust has launched the findings of new research commissioned with Public First on the impact of AI on young people’s employment. The new economic modelling and large-scale polling has produced a detailed analysis of how AI is likely to affect young people’s place in the labour market.

The report’s economic modelling finds the impact that AI could have in making the roles young people hold more productive would be worth up to £16 billion to the UK economy. However, the roles held by young people that are at risk of being displaced by AI, could cause the economy to lose £12 billion in output.

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