The Digital Regulation Cooperation Forum (DRCF), a group of four UK regulators, published last week, April 28 two documents where it provided businesses with guidance about the benefits and risks of artificial intelligence (AI) and machine learning (ML) and how to audit algorithms.
The United Kingdom, like many other countries around the world, is developing a new regulatory framework to govern the use of AI and ML. But unlike other governments such as the European Union which has drafted a law and it is already discussing it in the Parliament, the UK is taking a slower, more comprehensive, approach to AI regulation.
In 2021, the U.K. government published a National AI Strategy setting out its plan to become an AI “superpower.” This strategy included the creation of a National AI research and innovation program, an AI Standards Hub (to establish or collaborate in the development of international standards) and the modification of existing laws to include AI. The government could also publish later this year an AI white paper, a prerequisite step to the development of a law.
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