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Regulating AI

A flurry of AI developments have marked a turning point in the field. While there is consensus on the significant risks and need for governance, there is far from a consensus on solutions. We consider the approaches being taken across the G7, EU, UK, US.

In the briefing:

UK Safety Summit

The UK has been described as more of a "convener of talking shops" than world leader when it comes to AI. Despite hosting the first AI Safety Summit there are no plans to regulate in the short term; instead preferring to maintain a pro-innovation approach.

EU AI Act

As the EU works to finalise its AI Act, recent disagreement on how to regulate powerful foundation models has thrown a spanner in the works. With the final trilogue fast approaching, the bloc's flagship legislation hangs in the balance.

US Executive Order

President Biden has issued an 'Executive Order' on AI as he continues his work on regulating tech. It seeks a values-driven approach to risk while encouraging adoption. The question now becomes whether Congress can pick up where the White House left off.

G7 Code of Conduct

The G7 has issued an 11-point plan to ensure AI develops in a safe, secure and trustworthy way. While the new guiding principles and code of conduct are voluntary measures, they reflect wider calls for an internationally coordinated approach.