The U.K. has set out a new blueprint for AI regulation, which aims to slash bureaucracy and ramp up the safe adoption of new and emerging technology to unlock potential and boost investment.
Under the plans announced on Oct. 21, the U.K. will look at using a “regulatory sandbox”—called the AI Growth Lab—so that companies can test new AI products in real-world conditions but with some rules and regulations temporarily relaxed under “strict supervision.”
