The launch of the Regulatory Innovation Office, a key manifesto commitment, is a big step forward in bringing the UK's most promising new technologies to the public quickly and safely while kickstarting economic growth. By speeding up approvals, providing regulatory certainty, and reducing unnecessary delays, we're curbing the burden of red tape so businesses and our public services can innovate and grow, which means more jobs, a stronger economy, and a better quality of life for people across the UK.
The government hopes the new office will bring regulators together and work to remove obstacles and outdated regulations to the benefit of businesses and the public, facilitating a faster introduction of new products and services.
Two areas the government is focusing on includes innovations in AI training software for surgeons to deliver more accurate surgical treatments for patients, and drones to improve business efficiency and quickly send critical deliveries to remote parts of the country.
The RIO will sit within the Department of Science, Innovation and Technology (DSIT), and incorporates the existing functions of the Regulatory Horizons Council and the Regulators' Pioneer Fund, ensuring a comprehensive approach to regulatory reform.
#regulatory-innovation #technology-regulation #economic-growth #ai-and-healthcare #government-initiatives
Collection
[
|
...
]