House of Lords Debates AI
Summary
On July 25, 2023, the U.K. House of Lords held a debate on AI and its associated risks. During the debate, Lord Ravensdale stated that AI regulation “should be right at the top of our agenda,” while Lord Londesborough warned that “AI may ultimately lead to a few dominant tech giants with huge market share, and further skew the distribution of wealth.” In response, Viscount Camrose, the U.K. Minister for AI and Intellectual Property, stated that the U.K. government was “taking action to establish the right guardrails for AI,” including through its “AI regulation White Paper published this March.” The Viscount further stated that the U.K. “will ensure that there are protections for the public without holding businesses back from using AI technology to deliver stronger economic growth.”
