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Fortune
Fortune
Ryan Hogg

‘Complete nonsense’ to choose between AI innovation and regulation, says U.K. lawmaker

Lord Chris Holmes of Richmond speaks at the Fortune Brainstorm AI conference. (Credit: JOE MAHER FOR FORTUNE)

Warnings that Europe’s attempts to regulate AI will lead the continent to fall behind the rest of the world should be taken with a heavy pinch of salt, according to the lawmaker behind a landmark AI safety bill going through the U.K. Parliament.

Speaking at Fortune’s Brainstorm AI conference in London, Lord Chris Holmes of Richmond, MBE, said the idea that policymakers had to choose between regulation and innovation when considering their approach to AI rollout was “complete nonsense.”

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