The UK plans sweeping AI legislation to ensure safety, with Technology Secretary Peter Kyle pledging to turn voluntary AI agreements into legally binding measures.

Article published on: 6th November 2024

Credit: Financial Times

In Summary:

The UK government, led by Technology Secretary Peter Kyle, has committed to introducing new AI legislation within the next year. This comes as part of a strategic push to safeguard against potential risks associated with advanced AI models, such as ChatGPT-style systems. The legislation will convert existing voluntary testing agreements with tech giants like OpenAI and Google DeepMind into mandatory standards, ensuring robust oversight. Additionally, Kyle pledged to bolster Britain’s AI infrastructure, including investment in advanced computing power to support sovereign AI training, despite challenges stemming from previous budget constraints. This legislation will also grant the AI Safety Institute full independence to operate in the public interest. The move positions the UK to reinforce its stance on AI innovation and safety, while the Competition and Markets Authority (CMA) envisions a balanced regulatory approach fostering tech sector growth.

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