The global sprint to develop artificial intelligence technologies is intensifying, fuelled by substantial investments from both public and private sectors keen to maintain a competitive edge in the AI era.
In the UK, the AI industry is predicted to generate £400 billion by 2030. Yet the regulatory frameworks that govern these advances are often seen as barriers to innovation and investment.
To reduce the potential risks in AI technologies, businesses and public organisations worldwide are increasingly adopting self-regulation to promote responsible AI practices. The Make it Fair Campaign, launched by the UK’s creative industries on February 25, calls on the UK government to support artists and enforce copyright laws through a responsible AI approach.