Regulation

Government must embrace AI, says IEA Fellow


Commenting on the announcement of the AI Opportunities Action Plan, Matthew Lesh, Public Policy Fellow at the free market think tank the Institute of Economic Affairs, said:

“AI is already having a transformative positive impact across society, from supporting creative production through to helping discover new drugs. The government’s AI blueprint sets a welcome positive tone for a technology poised to drive innovation and economic growth, with steps like streamlined planning and a supportive environment crucial to its success. 

“The Government, however, will ultimately need to go further in reducing regulatory barriers. The recent case of OpenAI withholding its Sora video-generation tool from the UK, citing data privacy and online safety laws, highlights the risks of an overbearing regulatory environment. To fully capitalise on AI’s potential, the government must address these anti-growth regulations and fast-track broader changes to planning for key infrastructure like data centres and energy production.”


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