00:00We have to harness the power of AI to boost productivity because if we spread AI throughout
00:05our economy at the moment then we would get a 1.5% increase in productivity and boy do
00:11we need that in our economy right now. So yes, we are having an 11% uplift in our R&D
00:17budget as a government. We will be doing things like investing in the vaccines of the future,
00:22those high growth, high impact innovations from which they create new businesses, new jobs.
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