"The UK is in a uniquely promising position, far too little understood, to play a lucrative role in the coming era of artificial intelligence but only if it also grabs the opportunity to start making millions of computer chips. AI requires vast numbers of chips and we could supply up to 5% of world demand if we get our national act together."
"Our legacy in chip design is world-class, starting with the first general-purpose electronic computer, the first electronic memory and the first parallel computer. Today we have Cambridge-based Arm, a quiet titan designing more than 90% of the chips powering phones and tablets globally. With such a pedigree, it is not idle daydreaming for British companies to win a significant chunk of the AI chip market; 5% is a conservative, achievable ambition."
"The rewards of success are staggering. By 2033, the global AI chip market is projected to reach $700bn (620bn) a year, outstripping the whole of today's semiconductor market. Capturing that 5% means $35bn in new revenue and thousands of high-paying jobs. AI will reshape not only our economy but also our society and its security. Yet so many misunderstand where its true value and strategic power lie."
The UK has strong historical and current capabilities in chip design, including world-class research, Cambridge-based Arm, and foundational AI expertise such as DeepMind. AI systems require vast quantities of specialized chips, and the UK could feasibly supply up to 5% of global demand with coordinated national effort. The global AI chip market is projected to reach roughly $700bn annually by 2033, so a 5% share would yield about $35bn and create thousands of high-paying jobs. Realizing this opportunity requires scaling chip manufacturing and securing government support to convert design strength into large-scale production and strategic advantage.
Read at www.theguardian.com
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