Sunak Calls for Balanced Regulation and Global Collaboration to Ensure Ethical and Safe AI Development

Rishi Sunak gave a speech on the opportunities and risks of AI, comparing its potential impact to the Industrial Revolution.

He emphasized the economic benefits like job creation but said AI may also displace some jobs, requiring workforce reskilling.

Sunak called for a balanced regulatory approach that encourages innovation but also establishes guidelines to ensure AI is ethical.

He said global collaboration is needed on AI safety standards and best practices.

Sunak cited concerns like bias, privacy, uncontrolled AI dangers, and wanted increased public engagement on the issue.