Source: Legal Futures
Ministers have asked the Legal Services Board (LSB) to outline how it plans to approach the regulation of artificial intelligence (AI) in the sector by the end of April.
This could see it access new government money to support its work and even seek further powers.
A joint letter from Lord Chancellor Alex Chalk and Michelle Donelan, secretary of state for science, innovation and technology, said they wanted to be sure the LSB was “taking the risks and opportunities of AI… seriously”.
Identical letters have gone to 12 other major regulators in light of the last March’s AI regulation white paper. This week, the government published its response to the supporting consultation which went out with it.
The white paper proposed five cross-sectoral principles for regulators to “interpret and apply within their remits in order to drive safe, responsible AI innovation”.
These are: safety, security and robustness; appropriate transparency and explainability; fairness; accountability and governance; and contestability and redress.
Read full article: https://www.legalfutures.co.uk/latest-news/ministers-ask-lsb-to-set-out-strategy-on-ai-use-in-legal-sector