One Conservative peer said the UK risked “falling into global irrelevance” in the field of artificial intelligence if the government did not introduce new laws to regulate the field.
A new agency called the Artificial Intelligence Authority will be created under a proposal put to parliament by Lord Richmond Holmes.
His Artificial Intelligence (Regulation) Bill, which will have a second reading debate on Friday, will require authorities to advance the regulation of artificial intelligence in the UK and assess and monitor potential risks to the economy.
We need leadership and right-scale regulation now
Lord Holmes of Richmond
According to the bill, safety, fairness, accountability and transparency are among the principles that the AI Authority must consider.
The government believes the non-statutory approach provides “critical adaptability” but has pledged to review it.
Lord Holmes said: “The current government’s approach risks relegating the UK to global irrelevance on the vitally important issue of protecting citizens’ rights and ensuring that artificial intelligence is developed and deployed in a way that enhances humanity rather than destroys society.”
“Governments claim their moderate approach is ‘supportive of innovation’, but uncertainty and instability do not promote innovation.
“Artificial intelligence offers some of the best opportunities for our economy, society and humanity itself.
“It also poses clear existential harm if left unregulated. Autonomy and voluntary agreements are not the answer.
“We need leadership and right-scale regulation now.
“On ethical AI, the UK can, the UK must lead.
“This bill gives them that opportunity. I hope they take it.”
The bill will also seek to ensure that anyone involved in AI training must provide authorities with records of all third-party data and intellectual property (IP) they use and guarantee that informed consent has been obtained for its use.
Lord Holmes added on the labeling system: “People will know whether a service or good uses or deploys artificial intelligence in the provision of that service.”
In November, Rishi Sunak said the UK’s AI safety summit would “tip the scales in favor of humanity” after agreeing with tech companies to review models before they are released. .
The Prime Minister said “binding requirements” may be needed to regulate the technology, but now is the time to act quickly in the absence of laws.
Elon Musk, owner of social media platform X, has described artificial intelligence as “one of the biggest threats” facing humanity.
The UK government announced in February that it would spend more than £100 million to prepare the UK for the regulation of artificial intelligence and the safe use of the technology, including helping regulators in different industries prepare and improve their skills.
The Minister has chosen to use existing regulators to take on the role of overseeing the use of AI within their respective departments, rather than creating a new central regulator dedicated to emerging technologies.
A government spokesman said: “In line with standard procedure, the government’s position on this bill will be confirmed during the debate.”
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