AI: Cross-sector Legislation

Earl of Clancarty Excerpts
Tuesday 29th April 2025

(1 day, 17 hours ago)

Lords Chamber
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Lord Vallance of Balham Portrait Lord Vallance of Balham (Lab)
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Yes, regulation is clearly important, and that is why we formed the Regulatory Innovation Office, which is looking at AI, among other areas, including AI in healthcare. There are a number of actions being taken to boost regulator capability; that is one of the things that the Regulatory Innovation Office is working on. The regulators’ pioneer fund is also relevant to increasing and boosting the ability of regulators to undertake this. Development of capabilities takes place through the DRCF, the forum of the digital regulators that I have referred to, and there will be more in that area. In the SR, regulators have been encouraged to put in bids relating to boosting capability in AI.

Earl of Clancarty Portrait The Earl of Clancarty (CB)
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My Lords, one of the things that the creative industries are seeking—perhaps the most immediate priority—is the transparency of information held by tech companies. Is that going to happen?

Lord Vallance of Balham Portrait Lord Vallance of Balham (Lab)
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As the noble Earl is aware, transparency is one of the key issues in the consultation at the moment. We know that transparency of use of and output from AI systems is possible and should be encouraged. It requires technological advances to do that fully, but it is exactly what needs to happen to be sure what is being used, how it is being used and how the output relates to the input.