DSIT secretary confirms UK to legislate on AI risks in 2025

In this article:

• The government’s intention to establish a legal framework for its current AI regulations was revealed by Peter Kyle during the Financial Times’ Future of AI summit.
• Kyle explained that Britain’s current voluntary AI testing agreements are functioning but require a legally binding element for leading developers.
• The upcoming AI bill, to be presented in the current parliamentary session, will formalise these voluntary accords.
• It will also grant the AI Safety Institute independence from DSIT by converting it into an arms-length government body.