Governments race to regulate artificial intelligence tools

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree to laws governing the use of the technology. The government is consulting Australia's main science advisory body and is considering the next steps, a spokesperson for the industry and science minister said in April. The Financial Conduct Authority, one of several state regulators tasked with drawing up new guidelines covering AI, is consulting with the Alan Turing Institute and other legal and academic institutions to improve its understanding of the technology, a spokesperson said. Britain's competition regulator said on May 4 it would start examining the effect of AI on consumers, businesses and the economy, and whether new controls were needed. Britain said in March it planned to split responsibility for governing AI between its regulators for human rights, health and safety, and competition, rather than creating a new body. China's cyberspace regulator in April unveiled draft measures to manage generative AI services, saying it wanted firms to submit security assessments to authorities before they launch offerings to the public.