"My Lords, I am going to be extremely brief because it is now 11.20 pm. We need to finish these proceedings at least before midnight, but that may be an ambition too far. I declare an interest, as I should have done in the last group, as chair of the …..." Lord Clement-Jones - View Speech
"My Lords, it is extremely disappointing that we are debating something of this order of importance at this time of day and at the fag-end of this Bill. However, unusually, I shall try to ingratiate myself with the House by being as brief as possible.
"My Lords, I strongly support my noble friend Lord Fox’s fatal amendment. When this House welcomed a complete ban on foreign government ownership at the Third Reading of the Digital Markets, Competition and Consumers Bill last March, the then Government proposed a 5% exemption for passive sovereign wealth fund investment. …..." Lord Clement-Jones - View Speech
"I entirely agree with the noble Lord. I do not understand why the noble Lord, Lord Knight, is raising what seems to be a pretty obvious issue.
The British public deserve to know that their morning newspaper delivers journalism guided by British values and editorial independence, not the preferences of …..." Lord Clement-Jones - View Speech
"If a company has a series of 5% ownership stakes it will have a plurality of shareholders and therefore a mix of influence, but if you own a 15% stake you have a much higher share in the company and are probably entitled to a single board member...." Lord Clement-Jones - View Speech
"Perhaps the noble Lord has never been on the board of a public limited company. There is a huge difference between a 5% and a 15% ownership stake...." Lord Clement-Jones - View Speech
"My Lords, as long ago as February, the Minister’s Secretary of State said:
“AI is a powerful tool and powerful tools can be misused. State-sponsored hackers are using AI to write malicious code and identify system vulnerabilities, increasing the sophistication and efficiency of their attacks. Criminals are using AI deepfakes …..." Lord Clement-Jones - View Speech
"My Lords, Amendment 111ZA seeks to introduce a requirement for workplace AI risk and impact assessments. This amendment is focused on addressing the profound and rapidly evolving impact of artificial intelligence systems on the modern workplace. There are many opportunities for its adoption but also risks and impacts. There is …..." Lord Clement-Jones - View Speech
"The noble Baroness nearly won me over at that point. I thank her. I feel like someone who was expecting a full meal but receives a rather light snack. I will explain why as we go through.