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Publication of AI Regulation White Paper Consultation Response

06 February 2024

Proposing MP
Chippenham
Type
Written Ministerial Statement
Department
Department for Science, Innovation and Technology

At a Glance

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.
Assessment & feedback
Summary accuracy