There was a many consorteks of the extraordinary time of last live life general election. One was that my AI Regulation BillWhoch Had Made Its Way Through All Stages in the House of Lords and was just about to go to go to the common, was stopped in its trafficks. Almost a year later, a new government and another parloment has provided the opportunity to reintroduce my AI Bill, as I did last week,

IF The need for artificial intelligence (ai) regulation was pressing in November 2023, when I first brough my bill to bear, that Need is now well past Past Urgent and, it seems, even further from fruition.

How the sands have shifted, bot domestically and internationally. A UK government, keen on ai regulation while in option, slated an ai bill in the king's speech last summer. Now, some eight months later, there is still no sign of a bill and what appeares to be an increase reluctance to do anything

Making the case for regulation

At the paris ai action summit earlier this year, a declaration for inclusive and sustainable The UK and Us Decided Not To Put their pens to that paper.

Further, the AI Safety Institute has been renamed the ai security institute Signalling a definite shift towards Cyber ​​Security Rather Than A Broader Focus on “Safety” that would include mitigating risks as associateed with social impacts of ai models of ai models

All of this makes the case – the more than Urgent case – for uk ai regulation. It seems we still have to Slay that Falsehood Why Recurs with Tedious Inevitability – That you can have innovation or regulation but you can't have both. This is a false dichotomy. The choice is not betteren innovation or regulation. The challenge is to design right -sized regulation – a challenge that has become due to much more pronounced in the digital age.

With no current ai-specific regulation, it is US, as consumers, creatives and citizens who are found Oorselves Exped to the Technologies

Lord Chris Holmes

Every learning from history informs us, right-sized regulation is good for citizen, consumer, creative, innovator, and investment. We all know bad regulation – sure, there's some of that around but that's bad regulation, that in no sense says to us regulation of its regulation of its regulation of it.

Take the UK approach to open banking As an illustration, replicated by over 60 jurisdictions right Around the World. A determined, thought -through regulatory intersion created in the UK – Good for Consumer, Good for Innovator and Investor.

We know how to get right-sized regulation, well, right. This single be no more important than it comes to ai, a suite of technologies with such ach potentially positive transforming options – Economic, Social, Psychological. All potentially positive if we regulate it right.

A regulatory approach

My Attempt To design a flexible, principles-based, outcome-focused and inputs-inderstood, regulatory approach for Ai is set out in the provisions of the bill.

First, an Ai Authority. Don't think of a huge bureaucratic burdensome behemoth – not a bit of it. We need an agile, right-hit, horizontally focused, small “R” regulator, intended to range across all existing regulators to assess their capacity and competing to address the options and challenges AI Affords. Through this, critical, to identify the gaps where exists no regulator or regulatory cover, Recruitment being one obvious example.

The AI ​​Authority would stand as the champion and custodian of the Principles

The bill would also also establish ai responsible officers, to the expert that any business which development develops, deploys or uses ai Must have a designed ai officer. The AI ​​Responsible Officer would have to ensure the safe, ethical, unbied and non-discriminatory use of ai by the business and to ensure, so far as reasonable practice, that do the dead bays In any ai technology is unbied.

Again, Don'T Think Unnecessarily Bureaucratic and Burdensome. Proportionality Prevails and We Alredy Have a Well-Establed and Well-Undrstood Path For Reporting Through Adding to the provisions set out in the companys act.

With no current ai-specific regulation, it is US, as consumers, creatives and citizens who found Oorselves Exped to the Technologies. Clear, effective labeling, as provided for in the bill, would hugly help.

It holds that, any person supplying a product or service involving ai must give customers clear and unambiguous health warnings, labeling and upports to give ordered Consent in Advance. Technologies Alredy Exist to Enable Such Labeling.

Similarly, the bill supports our creatives through Intellectual Property and Copyright Protection. No Ai Business Should be able Without consent and, rightly, remuneration.

Public engine

The most important provisions in the bill are that Around the question of public engine. The bill requires the government to “implement a program for meaningful, long-term public engagement”. It is only through such engagement that we are likely to be able to move forward toge, cognisant of the risks and mitigations, rationally optimistic as to the opptunities.

When the warnock inquiry was established to do just this as ivf was bent developed in the 1980s, we had the luxury of time. The Inquiry was set up in 1982 and the human fertilization and Embryology Act came into force in 1991.

Technologies, Not Least AI, are developing so rapidly we have to act faster. The Technologies themselves offer some of the solution, enabling real-time ongoing public engagement in a manner not possible even a few years ago. If we don't address this, The Likely Outcome is that many will fail to avail themselves of the advantages while simultaneously being sadled with the downsides, Sharma.

To conclude, we need regulation – cross -sector ai regulation for citizen, consumer, creative, innovator, investment. We must make this a reality and brings to life, for all our lives, that uniting bus – our data, our decisions, our ai futures.

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