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UK government's AI plan gives a glimpse of how it plans to regulate the technology

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The UK government recently published its plan for using AI to boost growth and deliver services more efficiently. It also suggests a fundamental shift in how the UK aims to position itself as a global leader in AI innovation.
The UK government has outlined its approach to regulating artificial intelligence (AI) in a new plan that emphasizes fostering innovation while managing risks. The strategy includes establishing a central AI risk function within the Department for Science, Innovation and Technology to monitor and mitigate AI-related risks. It also proposes the creation of an AI Safety Institute to research and test AI safety, and plans to introduce binding requirements for developers of highly capable AI systems. The government aims to balance the need for safety with the potential economic benefits of AI, promoting a regulatory environment that supports growth and technological advancement. This approach reflects a nuanced understanding of AI's dual potential to drive economic growth and pose significant risks, aiming to position the UK as a leader in AI governance.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/technology/uk-government-s-ai-plan-gives-a-glimpse-of-how-it-plans-to-regulate-the-technology/ar-AA1xXak0 ]