New plans to regulate the use of artificial intelligence (AI) will be published today in the United Kingdom (UK) to encourage innovation in cutting-edge AI technology and help develop consistent rules to protect the public.
The regulation comes as the Data Protection and Digital Information Bill is about to be introduced to the parliament of UK, which will drastically change the data laws in the UK to boost innovation in AI technology. The Bill will save about £1 billion for various businesses and will maintain a high standard of protection for personal data and privacy by taking advantage of Brexit.
A new artificial intelligence document published on Sunday outlines the approach to regulating technology which will be followed by the UK government. The document also consists of proposed rules covering future risks and opportunities, allowing businesses to develop and utilize AI systems and provide consumers with the same.
This approach to be followed by the government is based on some specific principles that regulators must apply. The businesses have the flexibility to implement these in methods that best suit the use of artificial intelligence in their concerned sector.
The proposals aim to support the development of businesses and avoid unnecessary barriers for the same. It will also allow businesses to share information about how they test the reliability of their AI. Businesses will follow guidelines set by UK regulators to ensure their artificial intelligence is safe and avoid unfair bias.
Instead of giving a central regulator the responsibility for managing AI, the government proposals would allow different regulators to take a tailored approach to use AI in different settings. This method will also generate adaptable and proportionate regulation for AI to be rapidly deployed to boost growth and productivity in the UK.