Regulating AI in the UK - July 2023 Law & Policy

So far this journey has included: • the 2017 publication of ‘Growing the artificial intelligence industry in the UK’, an independent review commissioned by government and carried out by Professor Dame Wendy Hall and Jérôme Pesenti20 • the establishment in 2018 of the AI Council to advise the Government on AI policy and ethics21 • the passage in 2018 of the Data Protection Act, which transposed the. [...] The UK Government’s Regulating AI in the UK 16 proposals for AI regulation • Safety, security and robustness • Appropriate transparency and explainability • Fairness • Accountability and governance • Contestability and redress The Government intends for these principles to be interpreted and acted on by existing regulators – such as the Financial Conduct Authority in the finance sector, and the Me. [...] The UK Government’s Regulating AI in the UK 20 proposals for AI regulation The Government’s The Foundation Model Taskforce and AI Safety Summit commitment to driving AI safety Two further, recent Government initiatives are set to impact the way AI is forward at a global governed in the UK. [...] 44 For example, see: ‘Welcome to the Artificial Intelligence Incident Database’ Meeting the challenge Regulating AI in the UK 22 of regulating AI The success or otherwise of the Meeting the challenge UK’s approach to AI regulation will be of regulating AI judged on how effective it is at addressing AI harms The success or otherwise of the UK’s approach to AI regulation. [...] The capital intensity of frontier AI development, and the reliance of dominant AI approaches on access to huge amounts of data, mean that development of AI systems is Urgency Regulating AI in the UK 44 predominantly happening in the companies that already hold the majority of power in the digital economy.