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Promising signs for regulation , with room for improvement

It ’ s important to note that leadership isn ’ t standing still in its efforts to regulate AI . Europe ’ s AI Act is the first piece of legislation of its kind , hoping to pave the way for ‘ trustworthy ’ AI , with the first of its compliance deadlines coming up in early 2025 .

In the UK , the Cybersecurity and Resilience Bill was recently announced as a new piece of legislation looking to tackle increased cyberthreats . There is much discourse around what this bill needs to achieve in order to be considered successful – not least the inclusion of AI regulation . As the UK government develops this further , they must recognise their responsibility in ensuring that collaboration is at the heart of promoting a safer digital environment for all .

However , it ’ s important to remember that the goal here isn ’ t just regulation for the sake of it . Over a third ( 37 %) of UK leaders rank ‘ keeping up with evolving regulation ’ as their top security concern . This means that , for businesses , the juice has to be worth the squeeze , and they must find the regulation helpful and not just a complicating necessity .

AS HAS ALWAYS BEEN TRUE , WITH EVOLVING TECHNOLOGIES COMES EVOLVING COMPLIANCE , AND TO MANAGE THIS , COLLABORATION MUST BECOME A CORE PART OF REGULATION .

Paving the way for collaborative compliance

The future of AI in the UK promises much , with a number of exciting investments from the likes of Amazon and Blackstone . While we cannot afford to take our foot off the innovation pedal , we must also not lose sight of the role of regulation in this revolution – and the responsibility of governments to develop and implement such guidelines effectively .

As has always been true , with evolving technologies comes evolving compliance , and to manage this , collaboration must become a core part of regulation . Governments , academics , innovators and leaders have , for the most part , already recognised the potential of AI . Now , they need to recognise the necessity of regulation and building a future that safeguards , not stifles . �

Intelligent SME . tech

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