Robert Buckland
Main Page: Robert Buckland (Conservative - South Swindon)Department Debates - View all Robert Buckland's debates with the Cabinet Office
(8 months ago)
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The Prime Minister
We are in fact leading the case on the World Bank’s balance sheet, and through my right hon. Friend the Development Minister we have had extensive conversations with the president of the World Bank on precisely that matter. It is something I discussed with colleagues at the G20, including the World Bank president himself. We are also broadly leading the way on how else we can reform the international financial system, including pioneering the use of climate-resilient debt clauses, which has been welcomed by countries around the world; channelling our IMF special drawing rights back for use for developing countries; and finding ways to stretch balance sheets to unlock more funding. The UK is looked to as a leader in all these areas, not least as we are announcing a conditional capital increase for the International Bank for Reconstruction and Development. All these things together position us as a thought leader in changing the international financial system. It was a subject of my interventions at the G20 and, as I have said, the Development Minister is taking forward this work at pace with our allies.
Sir Robert Buckland (South Swindon) (Con)
I welcome my right hon. Friend’s statement, particularly the inclusion in the communiqué of the G20 AI principles. I would like to press him on what further work he and the United Kingdom will be doing ahead of the AI summit in November to ensure that work on the safety of AI more than outpaces work on capability, and that we can move towards a meaningful principles-based approach to the safe use of this vital new technology.
The Prime Minister
My right hon. and learned Friend is absolutely right about the need for global co-operation when it comes to AI safety. It is obviously a technology that does not respect national borders. Again, this is an area where the UK is demonstrating leadership, building on our expertise and our leading position in AI research. We are having the conversation with partners about what that principles-based approach to regulation would look like, to ensure consistency across jurisdictions. We are also seeing what we can do to make sure that the UK is the leading place for that AI safety research, and that is the work of our AI taskforce, which is currently under way and proceeding well.