Why AI regulation isn’t the enemy of innovation – Lord Tim Clement-Jones

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5 • 6 Ratings

🗓️ 1 April 2024

⏱️ 30 minutes

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Summary

Lord Tim Clement-Jones, Liberal Democrat peer, explains why a lack of consistency from the government hasn’t helped startups, weighs in on the debate around using copyrighted material to train AI systems, and unpacks why regulation isn’t the enemy of innovation.

Lord Clement-Jones was chair of the Liberal Party from 1986-1988. He was made CBE for political services in 1988 and a life peer in 1998. He is the Liberal Democrat House of Lords spokesperson for science, innovation and technology. He is the former chair of the House of Lords Select Committee on Artificial Intelligence. He co-founded and has co-chaired the All-Party Parliamentary Group on Artificial Intelligence since 2016. In addition to his political work, Lord Clement-Jones is a Consultant on AI policy and regulation with global law firm, DLA Piper.

Transcript

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0:00.0	We all want to see innovation, but then I don't believe that regulation is necessarily the enemy of innovation.
0:13.0	But I don't think they've yet found the holy grail.
0:19.0	A lot of it is about stability, consistency, long-term thinking,
0:25.7	all of which, of course, we haven't had over the last few years,
0:29.3	with treating and changing of R&D tax credits, for instance.
0:35.2	So we know what principles are.
0:37.2	The big question is, how do you make sure that people adopt standards that incorporate those principles?
0:42.6	And I'm afraid the government has been pretty timid about that.
0:48.0	From the first time founders to the funds that back them, innovation needs different.
0:53.7	Our episode partner, HSBC Innovation Banking,
0:57.0	is proud to accelerate growth for tech and life science businesses, creating meaningful connections
1:02.5	and opening up a world of opportunity for entrepreneurs and investors alike. Discover more
1:08.4	at www. hsbc innovation banking.com slash EN-GB.
1:14.8	Hello and welcome to the UKTN podcast, a weekly chat with the movers and shakers of the UK tech industry and the
1:28.9	destination for all things UK tech related. I am your host, Jane Wakefield, and this week I am
1:34.6	joined by Lord Timothy Clement Jones, a Liberal Democrat peer and spokesman for the digital
1:39.9	economy in the House of Lords. Welcome, Tim. Can I call you Tim or should I call you Lord Clement
1:45.0	Jones? I think you better call me Tim, Jane, otherwise people will start getting worried. Well, welcome to the
1:51.6	podcast. Now, before we get into sort of the nitty-gritty of tech policy, I just wanted to ask you,
1:59.4	you know, you're a spokesperson for the digital economy.
2:02.2	Tech startups and scale-ups play a vital role in the UK's digital economy, many of whom
2:07.7	will be our listeners. So how would you say that governments go about creating the conditions
	...

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