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Home»Regulation»UK Government publishes objectives for upcoming AI Safety Summit
Regulation

UK Government publishes objectives for upcoming AI Safety Summit

2023-09-04No Comments2 Mins Read
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UK group suggests ‘Crypto Tsar’ role to coordinate regulation among departments
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On Sept. 4, the government of the United Kingdom published a series of objectives for its AI Safety Summit, which will take place Nov. 1-2 at Bletchley Park.

Published by the Department for Science, Innovation & Technology, the statement outlines five “ambitions” for safe artificial development (AI) development that will serve as guidelines for discussion at the summit.

Ambitions

The AI Safety Summit is set to “bring together key countries, as well as leading technology organisations, academia and civil society” to seek a consensus on ethical and responsible AI development. To this end, the aims of the Summit are to:

  • Build a shared understanding of AI-related risks
  • Create a process for international collaboration on AI safety
  • Determine how individual organizations can improve AI safety
  • Find areas for collaborative AI safety research, and
  • Demonstrate that safe, responsible AI development is beneficial to the world.

The country also acknowledged that AI investment and development come with “enormous opportunities for productivity and public good, writing that AI models could produce up to $7 trillion in growth over the next ten years.”

However, it emphasized the unforeseen risks associated with borderless technologies, writing: “Without appropriate guardrails, this technology also poses significant risks in ways that do not respect national boundaries.”

Summit will begin in November

The U.K. will hold its AI Safety Summit on Nov. 1 and 2, 2023, at Bletchley Park, an estate that served as a center for Allied codebreakers during World War II. Pioneering computer scientist Alan Turing was among those who served at Bletchley Park during the war; it was there the renowned scientist did some of his most groundbreaking and influential work.

See also  U.S. SEC To Approve Ethereum Futures ETF Nearly Two Years After Authorizing Similar Bitcoin Product: Report

The U.K. has previously taken steps toward AI regulation. Prime Minister Rishi Sunak described a need for updated AI regulations in May. A U.K. think tank also suggested changes to the country’s AI policies in July.

The country published its most recent policy publication in March. That document broadly describes a “pro-innovation approach” for the AI sector.

The post UK Government publishes objectives for upcoming AI Safety Summit appeared first on CryptoSlate.

Government objectives publishes Safety Summit Upcoming
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