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<p>It is clear that the right guardrails must be in place to manage the risks AI poses.
Our proportionate regulatory framework, underpinned by a set of principles and supported
by tools like AI assurance techniques and technical standards, sets out a responsible
approach to AI innovation. The Government also made it clear in our AI regulation
white paper that our approach must be adaptable. As we now look to implement the new
regulatory regime, we are considering how the framework will apply to the various
actors in the AI development and deployment lifecycle, with a particular focus on
foundation models.</p><p>This is supported by the £100 million Foundation Model Taskforce
led by Ian Hogarth, as well as a new central risk function and international leadership
on AI safety through the AI summit.</p><p>Our proposed central functions, including
risk analysis, horizon scanning, and monitoring and evaluation, will keep the wider
landscape under constant review to inform policy. They will capture emerging risks,
including risks arising from increasingly powerful foundation models. The Foundation
Model Taskforce will meanwhile advance vital safety research, laying the groundwork
for the safe adoption of AI across the UK economy, ensuring we are at the forefront
of this pivotal technology.</p><p>The UK will host the first major global summit on
AI safety this autumn. The Summit will bring together key countries, as well as leading
technology companies and researchers, to drive targeted, rapid international action
to guarantee safety and security at the frontier of this technology.</p><p>As the
Prime Minister told the Liaison Committee, the Government continues to analyse a range
of safety features and guard rails that we could put in place. These could include
new measures for the reporting and licensing of large training runs. But it is vital
that the effectiveness of any proposals are rigorously evaluated before they are implemented.
This is why we welcome the wide range of stakeholders that provided insights to our
consultation on the AI regulation white paper. We are currently considering all evidence
sent to the consultation and we will provide an update through the Government's response
later in the year.</p>
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