A Labour government would tighten up regulations surrounding artificial intelligence, its shadow minister for science, innovation and technology told London Tech Week on Wednesday.
Peter Kyle said his party would keep the AI Safety Institute but “put it on a statutory footing”.
“At the moment, there's a voluntary code regulating AI, particularly frontier AI,” he said. “We would legislate to require the frontier AI labs to release their safety data. That's to make sure we legislate the standards that are already in the voluntary code.
“We don't seek to disrupt the voluntary code, but we will certainly will make sure [the standards] are maintained and that any new entrants into the market will know that there's a legislative foundation that must be adhered to.”
Mr Kyle added that a Labour administration would put the UK's technology sector centre stage in a quest to boost economic growth.
If voted into power next month, Labour would place technology “at the heart of our missions and unblock the tech barriers to restart the engine of our economy”, he said.
Speaking to hundreds of tech entrepreneurs, chief executives and investors at London's Olympia exhibition centre, Mr Kyle added that Labour wanted to “build and sustain the most dynamic technological environment for our country”.
The rival Conservative party's election manifesto includes a pledge to increase research and development spending by £2 billon, a new fund to invest in female entrepreneurs, and investments in areas of advanced manufacturing.
Prime Minister Rishi Sunak led an AI Safety Summit last year, welcoming senior leaders to Bletchley Park to discuss international priorities for the next five years.
“I believe there will be nothing more transformative to the futures of our children and grandchildren than technological advances like AI,” Mr Sunak said before the summit.
The Conservatives claim they will put more money in AI, should they win the upcoming election, by investing “over £1.5 billion in large-scale compute clusters”.
The party said the money would create the “raw processing power” necessary to “take advantage of the potential of AI”.
That £1.5 billion had already been announced by Chancellor Jeremy Hunt in his autumn statement last year.
Fuelling economic growth
Meanwhile, Mr Kyle confirmed that a Labour government would retain the DSIT (Department of Science, Innovation and Technology) to “harness the power of science and technology, to fuel economic growth and transform our public services”.
Mr Kyle said Labour would provide stability through 10-year funding budgets
“Crucially, DSIT will work on boosting adoption of digital technology, including AI, by business across the economy,” he said.
Mr Kyle highlighted a scenario put forward by the Office for Budgetary Responsibility (OBR) towards the end of last year, which imagined the widespread adoption of AI in the British economy and concluded that if it were to happen, productivity would be boosted by 0.5 per cent, or £75 billion by the fifth year.
“It is staggering for me that the government saw this potential and simply left it on the table.
“So, don't underestimate the scale of ambition we have for your country and your sector,” he added.
What Mr Kyle did not do was place many figures on Labour's plans. He spoke of creating a new National Data Library, but said nothing of the cost.
When the chips are down
He also declined to announce any new funding for the current government's semiconductor plan, which is set to receive £1 billion over the next five years.
While the plan focuses on the design of computer chips, it is dwarfed by the $52.7 billion of US chip subsidies and €43 billion ($47 billion) of proposed EU investment.
When it was announced a year ago, the government's semiconductor plan was met with considerable scepticism from the likes of Simon Thomas, chief executive and founder of graphene maker Paragraf, who described the £1 billion as little more than a “rounding error”.
Nonetheless, Mr Kyle told London Tech Week a future Labour government would “turbocharge” the sector by stepping out the way to allow large technology companies to build critical infrastructure like data centres in the UK.
At the moment, the government only adds planning delays and a lack of strategy and support, he said.
“Why isn't government the third partner, instead of the most significant barrier?”
Killing of Qassem Suleimani
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Wednesday and the pair embraced but he failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Zayed Sustainability Prize
Things Heard & Seen
Directed by: Shari Springer Berman, Robert Pulcini
Starring: Amanda Seyfried, James Norton
2/5
The biog
Name: Younis Al Balooshi
Nationality: Emirati
Education: Doctorate degree in forensic medicine at the University of Bonn
Hobbies: Drawing and reading books about graphic design
Company name: Play:Date
Launched: March 2017 on UAE Mother’s Day
Founder: Shamim Kassibawi
Based: Dubai with operations in the UAE and US
Sector: Tech
Size: 20 employees
Stage of funding: Seed
Investors: Three founders (two silent co-founders) and one venture capital fund
Killing of Qassem Suleimani
Killing of Qassem Suleimani
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Sreesanth's India bowling career
Tests 27, Wickets 87, Average 37.59, Best 5-40
ODIs 53, Wickets 75, Average 33.44, Best 6-55
T20Is 10, Wickets 7, Average 41.14, Best 2-12
The Bio
Favourite place in UAE: Al Rams pearling village
What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft
Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans
Best time to swim in the sea: When there is enough light to see beneath the surface
How to vote
Canadians living in the UAE can register to vote online and be added to the International Register of Electors.
They'll then be sent a special ballot voting kit by mail either to their address, the Consulate General of Canada to the UAE in Dubai or The Embassy of Canada in Abu Dhabi
Registered voters mark the ballot with their choice and must send it back by 6pm Eastern time on October 21 (2am next Friday)
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.
- It’s So Easy
- Mr Brownstone
- Chinese Democracy
- Welcome to the Jungle
- Double Talkin’ Jive
- Better
- Estranged
- Live and Let Die (Wings cover)
- Slither (Velvet Revolver cover)
- Rocket Queen
- You Could Be Mine
- Shadow of Your Love
- Attitude (Misfits cover)
- Civil War
- Coma
- Love Theme from The Godfather (movie cover)
- Sweet Child O’ Mine
- Wichita Lineman (Jimmy Webb cover)
- Wish You Were Here (instrumental Pink Floyd cover)
- November Rain
- Black Hole Sun (Soundgarden cover)
- Knockin’ on Heaven’s Door (Bob Dylan cover)
- Nightrain
Encore:
- Patience
- Don’t Cry
- The Seeker (The Who cover)
- Paradise City
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
What is graphene?
Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20HyveGeo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Abdulaziz%20bin%20Redha%2C%20Dr%20Samsurin%20Welch%2C%20Eva%20Morales%20and%20Dr%20Harjit%20Singh%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ECambridge%20and%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ESustainability%20%26amp%3B%20Environment%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%24200%2C000%20plus%20undisclosed%20grant%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVenture%20capital%20and%20government%3C%2Fp%3E%0A
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
