UK in no rush to regulate AI, will tackle ‘dangers and fears’ when the time comes says PM Rishi Sunak

In a significant move aimed at addressing the inherent perils of AI, the United Kingdom’s Prime Minister, Rishi Sunak, unveiled a groundbreaking plan to establish the world’s first AI safety institute. This announcement comes as the UK prepares to host the inaugural AI global safety summit, scheduled for next week.

Speaking in London on Thursday, Sunak emphasized the urgency of addressing the “dangers and fears” associated with AI technology. Among the foremost concerns are the potential ease of developing biological weapons and the risk of AI systems spiralling out of human control.

The AI safety institute will be tasked with a comprehensive examination of AI-related risks, spanning from societal issues like bias and misinformation to the most extreme threats. Importantly, the findings and insights derived from this initiative will be shared worldwide, promoting a collaborative global approach to AI safety.

Prime Minister Sunak has consistently underscored the significance of addressing AI’s impact on society and the imperative of mitigating its risks since assuming office last year.

In a related commitment, Sunak pledged an additional £100 million (€114 million) of investment in AI, particularly for research into diseases such as cancer and dementia.

With this ambitious endeavour, Britain aims to cement its position as a global leader in AI technology, rivalling established players like the United States, China, and the European Union.

Sunak remarked, “I believe nothing in our foreseeable future will be more transformative for our economy, our society, and all our lives than this technology. But in this moment, it is also one of the greatest tests of leadership we face.”

The United Kingdom is set to host the upcoming global AI safety summit, which will convene from November 1 to 2 in Bletchley Park, located in southern England and known for its historical significance as the secret base of Britain’s World War II codebreakers.

Approximately 100 participants, including political leaders such as US Vice President Kamala Harris, AI experts, and representatives from leading tech companies, are expected to participate in the summit. Discussions will revolve around the regulation of AI, its impact on cybersecurity, and potential threats like the development of bioweapons and its influence on elections.

Rishi Sunak concluded with a stark warning, “Get this wrong, and AI could make it easier to build chemical or biological weapons. And in the most unlikely but extreme cases, there is even the risk that humanity could lose control of AI completely.”