UK should be more positive about AI to avoid missing out on tech ‘goldrush’

The UK’s approach to artificial intelligence has become too narrowly focused on AI safety and the threats the technology could pose, rather than its benefits, meaning it could “miss out on the AI goldrush”, a House of Lords Committee has warned.

In a major report on artificial intelligence and large language models (LLMs) – which power generative AI tools such as ChatGPT – The Lords Communications and Digital Committee said the technology would produce era-defining changes comparable with the invention of the internet.

However, it warned that the UK needed to rebalance its approach to the subject to also consider the opportunities AI can offer, otherwise it