Labour commits to introducing AI regulation for tech giants
Briefly

Labour vows to introduce binding regulation on top AI firms to ensure safe AI development, targeting powerful AI models and banning explicit deepfakes. A new Regulatory Innovation Office will assist regulators in managing evolving tech.
Labour criticizes the Government for using existing regulators instead of creating a central authority dedicated to AI monitoring, believing it hinders agility and innovation. The Government allocated 100 million for AI regulation in February.
PM Rishi Sunak acknowledges future need for binding AI regulations but advocates swift action without laws for now. World-leading AI scientists urge for stronger global AI governance, stressing the need for increased funding and stricter risk assessment.
Read at www.independent.co.uk
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