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What an LSE-CBI survey found about AI adoption in UK firms

The crises and changes of the 2020s have provided many challenges for UK firms, and these occurred against a background of stagnant productivity since the financial crisis. But crises can also force productivity-enhancing change in businesses. For example, our previous surveys, conducted in collaboration with the Confederation of British Industry (CBI) in 2020 and 2021, found that firms innovated more as a result of COVID-19. Since our last survey, the UK and other economies experienced an energy crisis hitting businesses and consumers hard; and in response to the ongoing climate crisis and net zero targets, many businesses are accelerating sustainability programmes.

Juliana Oliveira-Cunha, Bruno Serra and Anna Valero

2 July 2024

LSE Business Review

This work is published under POID and the CEP's Growth programme.