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The UK should introduce new legislation to control artificial intelligence or risk falling behind the EU and the US in setting the pace for regulating the technology, MPs have said.
Article originally published by The Guardian. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
Published by
31 Aug 2023
Rishi Sunak’s government was urged to act as it prepares to host a global AI safety summit at Bletchley Park, home of the Enigma codebreakers, in November.
The science, innovation and technology committee said on Thursday the regulatory approach outlined in a recent government white paper risked falling behind others.
“The AI white paper should be welcomed as an initial effort to engage with this complex task, but its proposed approach is already risking falling behind the pace of development of AI,” the committee said in an interim report on AI governance. “This threat is made more acute by the efforts of other jurisdictions, principally the European Union and the United States, to set international standards.”
The EU, a trendsetter in tech regulation, is pushing ahead with the AI Act, while in the US the White House has published a blueprint for an AI bill of
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