House of Commons · Written Ministerial Statement
Publication of AI Regulation White Paper Consultation Response
06 February 2024 · Department for Science, Innovation and Technology
Proposed by Michelle Donelan Con Chippenham
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- Government publishes response to AI regulation consultation
- UK commits over 100 million to AI innovation and regulation
- Plans include launching new research hubs and improving transparency
Issue summary
The government is publishing its response to the consultation on AI regulation, outlining steps to ensure Britain becomes a leader in the safe and innovative development of AI.
Action requested
The UK government is committing over £100 million to support AI innovation and regulation, strengthening regulator capabilities, launching new research hubs, and improving transparency through public statements from regulators by April 2024. The response also sets out plans for a steering committee and targeted consultations on risk management.
Key facts
- The UK AI market is predicted to grow to over $1 trillion (USD) by 2035.
- Over £100 million has been committed to support AI innovation and regulation, including £10 million for regulator capabilities and nearly £90 million for research.
- Nine new research hubs are being launched across the UK with £80 million funding.
- A partnership with the US on responsible AI is receiving £9 million as part of the International Science Partnership Fund.
- Regulators have been asked to publicly set out their approaches to AI by April 2024.