2 Lord Walney debates involving the Department for Business and Trade

Sovereign AI Fund

Lord Walney Excerpts
Monday 1st June 2026

(1 week, 3 days ago)

Lords Chamber
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Baroness Lloyd of Effra Portrait Baroness Lloyd of Effra (Lab)
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The noble Baroness is correct to highlight that we have been clear that copyright rules should be respected and the use of copyright works to train AI in the UK requires a licence unless an exception applies. Companies supported by the sovereign AI fund are expected to comply with applicable UK law, including copyright. When we are talking about compliance in relation to grant-funded compute allocations, they equally must comply with copyright law while undertaking that funded activity.

Lord Walney Portrait Lord Walney (CB)
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Is the Minister open-minded about the huge potential that the UK embracing an open-source AI model alongside allies may accrue to the country to put us back in the premier league rather than needing to be reliant on America and overseas?

Baroness Lloyd of Effra Portrait Baroness Lloyd of Effra (Lab)
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It is not an area on which I feel I can definitively give an opinion on the view of the Government. I know from the cyber security point of view that there are many merits and disbenefits of open-weight models in terms of their cyber security credentials, and that is something that we are working on very carefully.

CPTPP: Conclusion of Negotiations

Lord Walney Excerpts
Wednesday 19th April 2023

(3 years, 1 month ago)

Lords Chamber
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Lord Johnson of Lainston Portrait Lord Johnson of Lainston (Con)
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I thank my noble kinsman for his intervention; this is the first time we have spoken in this way. I asked the House of Lords Library whether there were any other pairings of son-in-law and father-in-law, and I have not received a response; maybe the Library was too alarmed by our own prospects. But my noble kinsman raises a good point about the statistical analysis of the value of this trade deal to the UK. I wish to avoid getting drawn into complex statistical discussions in this important but short opening debate, but I am happy to do so in the future, and there will be further impact assessments.

It is difficult to forecast the ramifications of a trade arrangement. In fact, what has been produced is not a forecast; it is a static model. It is not for me to lecture Peers in this House on how that functions but as the name implies, it is a static model rather than a positive forecast of how trade can be increased on account of this deal. All I will say is that New Zealand signed a free trade deal with China, and its model projected $3 billion a year of additional trade activity; I think within five years, it was over $30 billion a year. So it is not simply a question of looking at one static model; we must look at a more effective impact assessment in the future and make our own forecasts. As I say, it is not simply about trade data; it is also about the influence we will have in this region and the philosophical endeavour we embark on to encourage free trade around the world.

Lord Walney Portrait Lord Walney (CB)
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The Minister has been clear that he is not going to express a view on particular countries joining, but will he at least be clear that the Government will view Taiwan’s application as a valid one not subject to any veto from China?