Britain’s new government sets sight on AI regulation
The UK’s new Labour Party-led government under Prime Minister Keir Starmer has outlined its plans to regulate strong artificial intelligence (AI) models. This was disclosed during King Charles’ speech on the legislative agenda which involved more than 35 bills.
Also read: ASML surpasses order estimates amid AI-driven chip equipment demand
The government has not proposed specific laws on AI yet but emphasized the need for proper laws for those who create AI with the highest capabilities. This is a significant change from the previous government’s attitude towards regulating artificial intelligence.
Britain’s government deliberates AI regulation
King Charles’ speech detailed a wide-ranging legislative agenda, including initiatives on housing and cybersecurity. Among these is a plan to regulate the development of powerful AI models, reflecting the government’s cautious approach. Nathan Benaich, founding partner of AI-focused investment group Air Street Capital, noted that AI labs would be relieved by the decision not to rush into regulating frontier AI models. He said
“AI labs will be collectively breathing a sigh of relief at the government’s decision not to rush ahead with frontier model regulation.”
Rishi Sunak, the ex-prime minister of Britain sought to put the country forward as a global leader in artificial intelligence safety. He organized a significant AI summit at Bletchley Park during his administration and established the world’s first AI Safety Institute. The institute concentrates on the abilities of “frontier” models of AI like OpenAI’s ChatGPT.
Sunak’s government avoided introducing direct regulations on specific types of AIs by splitting the technology among different regulators. However, Starmer’s government intends to introduce new laws regarding this field but will do so cautiously to keep Britain’s competitive advantage.
Analysts share varying opinions on AI regulation
Artificial intelligence (AI) experts have mixed opinions about whether the government needs to create new laws. Gaia Marcus, the director of Ada Lovelace Institute, urged the government to expedite a bill insisting that AI systems are being integrated into everyday life, public services, and the economy at a rapid pace. She insisted on the importance for them to consider both what can be gained from these systems and their dangers.
Also read: AI tokens surge amid Grayscale’s fund announcement
A central part of the EU’s development strategy, which is often contrasted with the UK’s approach that is based on sectors, has been seen as an advantage in terms of regulating AI. Nathan Benaich warned against changing any of these rules too quickly or carelessly because it could risk their position as leaders in this field worldwide.
However, some argue for urgent legislation due to what they see as a fast-paced introduction. Many experts believe there should be laws put into place within 18 months after mass deployment starts happening. Gaia Marcus highlighted how deeply integrated various systems are already so it is clear they need timely and effective regulation for artificial intelligence across different areas.
