Five principles, including safety, transparency and fairness, will guide the use of Artificial Intelligence in the UK, as part of a new national blueprint for the UK’s regulators to drive responsible innovation and maintain public trust in this revolutionary technology.
The UK’s AI industry employs over 50,000 people and contributing £3.7 billion to the economy last year. Britain is home to twice as many companies providing AI products and services as any other European country and hundreds more are created each year.
AI is already delivering real social and economic benefits for people, from helping doctors to identify diseases faster to helping British farmers use their land more efficiently and sustainably. Adopting Artificial Intelligence in more sectors could improve productivity and unlock growth, which is why the government is committed to unleashing AI’s potential across the economy.
As AI continues developing rapidly, questions have been raised about the future risks it could pose to people’s privacy, their human rights or their safety. There are concerns about the fairness of using AI tools to make decisions which impact people’s lives, such as assessing the worthiness of loan or mortgage applications.
Alongside hundreds of millions of pounds of government investment announced at the Budget, the proposals in the AI regulation white paper will help create the right environment for Artificial Intelligence to flourish safely in the UK.
