Hello, welcome back to Emlex's podcast. Every week we bring you the top stories in regulatory

affairs with the assistance of our team of reporters around the globe. I'm your host, James Panicki, Asia Senior Editor here

at Emlex, and I'm coming to you from the Lexus Nexus offices in Melbourne, Australia. It's great to have

your company. Now, it's safe to say that nascent tech industries tend not to be fans of regulation.

In fact, more often than not, they'd like to keep the red tape at bay while they get on with a job.

But artificial intelligence is different.

Such are the concerns raised by the rapidly evolving technology and its many applications

that regulators in some jurisdictions are already at work.

And what's perhaps surprising, some AI companies are actually on board with the project,

although whether industry and regulators will ultimately agree on what's needed remains very much

to be seen.

Mnex has recently put together a global wrap on AI regulation and will

cross to San Francisco shortly for an overview. First up, though, to Brussels. M-Lex chief correspondent,

Matthew Newman, has been covering the drive for AI regulation and he joins us now. Matthew,

why is there almost a scramble by regulators to do something about AI,

and why is there now this, what's been referred to at least, as a sense of urgency to legislate?

Well, James, it comes from a feeling that the technology behind AI has absolutely outpaced anything that's going on in

terms of legislation. So we have leaders of the actual companies developing the technology.

You can think of Open AI, Google's Deep Mind, Anthropic. These people are warning that the future systems that they're

working on right now could be as deadly as pandemics and nuclear weapons.

So this sense of urgency comes from the industry itself saying there is a serious need to get a better handle on the legislation.

And it's one of these things that has captured people's imagination very, very quickly.

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