News Summary

• Kanishka Narayan was appointed UK's first cabinet minister for AI in July.
• He compared AI to the Victorian-era Industrial Revolution, but said the country needed to transition better than it did back then.
• His comments were recorded the day before Barclays banking group announced it was cutting 5,000 jobs in an AI-led efficiency drive.
• He was also speaking before another major AI-related development - the discovery of a cyber-security flaw affecting millions of websites with the help of AI.