The report also suggests the government establish "due regard" duties for existing regulators in the proposed AI bill and undertake a "gap analysis" of UK regulators. It warns that the UK's opportunity to be a leading place for the development and deployment of AI is time-limited and urges the government to accelerate the establishment of a governance regime for AI. The government has responded by stating that its AI Regulation White Paper sets out a proportionate and adaptable approach to regulation in the UK, and it plans to review and adapt its approach in response to the fast pace of developments in the field.
Key takeaways:
- A UK parliamentary committee has urged the government to reconsider its decision not to introduce legislation to regulate artificial intelligence (AI) in the short term, calling for an AI bill to be a priority for ministers.
- The committee warns that the UK risks falling behind the pace of development of AI and other legislation, like the EU AI Act, could become the standard if the UK does not introduce any new statutory regulation for three years.
- The committee's interim report sets out twelve challenges of AI governance that it says policymakers must address, including bias, privacy, misrepresentation, explainability, IP and copyright, and liability for harms.
- The report also calls for the government to undertake a "gap analysis" of UK regulators, looking at resourcing and capacity and whether any regulators require new powers to implement and enforce the principles outlined in the AI white paper.