How the UK’s emphasis on apocalyptic AI risk helps business
Experts say focus of the UK's global AI summit on frontier AI' distracts from regulation of existing ills of technology
In the spring of 2023, the UK government set out its plans to address the rapidly evolving AI landscape. In a white paper titled A pro-innovation approach to AI regulation" the secretary of state for science, innovation and technology described the many benefits and opportunities she believed the technology to hold and explained the government's decision to take a principles-based approach" to regulating it. In short: the UK didn't plan to create new legislation, instead opting to clarify existing laws that could apply to AI.
New rigid and onerous legislative requirements on businesses could hold back AI innovation and reduce our ability to respond quickly and in a proportionate way to future technological advances," the white paper reads.
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