Striking the delicate balance of AI regulation and innovation

by • AI, Comment, Technology

As AI continues to advance, navigating the balance between regulation and innovation will have a huge impact on how successful the technology can beAs AI continues to advance, navigating the balance between regulation and innovation will have a huge impact on how successful the technology can be. The EU AI Act came into force this summer, which is a move in the right direction towards classifying AI risk. At the same time, the Labour government has set out its intention to focus on the role of technology and innovation as key drivers for the UK economy. For example, planning to create a Regulatory Innovation Office that will support regulators to update existing regulation more quickly, as technology advances. More →