Britain explores first formal rules for AI: what next? [Video]

LONDON — Britain is set to introduce its first-ever law for artificial intelligence — but Prime Minister Keir Starmer’s new Labour government faces a delicate balancing act of forming rules that are strict enough while also allowing for innovation.

In a speech delivered by King Charles III on behalf of Starmer’s administration, the government said Wednesday that it would “seek to establish the appropriate legislation to place requirements on those working to develop the most powerful artificial intelligence models.” 

But the speech refrained from mentioning an actual AI bill, which many tech industry executives and commentators had been expecting. 

In the European Union, authorities have introduced a sweeping law known as the AI Act which subjects companies developing and using artificial intelligence to much tighter restrictions. 

Many tech firms — both big and small — are hopeful …