Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Government Scraps Plans for Voluntary AI Code of Conduct, Stirring Concerns in Creative and Tech Sectors

by February 6, 2024
February 6, 2024
Government Scraps Plans for Voluntary AI Code of Conduct, Stirring Concerns in Creative and Tech Sectors

The recent decision by the UK government to abandon plans for a voluntary code of conduct for artificial intelligence (AI) has been criticised by lawyers, arguing that such a code was destined to fail from the start.

The initiative, spearheaded by the UK’s Intellectual Property Office (IPO) aimed at laying down rules for the training of AI models using copyrighted material, hit a roadblock as industry stakeholders failed to reach a consensus.

Andana Streng, managing associate at Addleshaw Goddard’s intellectual property team, expressed skepticism about the feasibility of expecting AI companies to devise a voluntary code of practice. Streng highlighted the significant financial investments and human oversight required to ensure transparency in sourcing training data and generating AI outputs, which could strain the viability of smaller firms.

Paul Joseph, an IP partner at Linklaters, echoed concerns about the ambiguous goals of the proposed code, emphasizing the necessity of clarifying its intended outcomes for both creative and tech stakeholders.

Aaron Cole, senior associate at Ashurst’s IP team, emphasized the complexity of developing an AI code of conduct, stressing the delicate balance needed to uphold existing rights for creative industries while fostering innovation.

The failure to establish a code of conduct has raised concerns among content creators and rights holders, who fear that tech companies are profiting from their work without proper compensation. Instances of copyright infringement lawsuits in the US, such as the case involving OpenAI and Microsoft, serve as a warning of potential legal challenges.

In response to these developments, the Lords Communications and Digital Committee recommended government support for copyright holders, a sentiment echoed by Owen Meredith of the News Media Association, who urged legislative action to safeguard copyright law.

Despite the setback, the government reaffirmed its commitment to fostering innovation in both AI and creative industries. A forthcoming white paper detailing further plans for AI regulation is expected to address these concerns and outline a balanced approach to support the thriving AI and creative sectors in the UK.

As the government navigates the intricacies of AI regulation, stakeholders across industries await further clarity on the future of copyright law and the role of AI in driving innovation and economic growth.

Read more:
Government Scraps Plans for Voluntary AI Code of Conduct, Stirring Concerns in Creative and Tech Sectors

0
FacebookTwitterGoogle +Pinterest
previous post
Freight Rail Safety in the Year Since the East Palestine Derailment
next post
UK electric vehicle maker Arrival enters administration putting 170 jobs at risk

You may also like

Dragons’ Den star Sara Davies retakes Crafter’s Companion...

January 10, 2025

Small businesses tell chancellor: action needed on funding,...

February 14, 2025

Government considers selling Kent Brexit border checkpoint amid...

May 22, 2025

How SMEs can utilise payment tech to stay...

October 3, 2022

Shop price inflation holds steady as retailers keep...

March 4, 2025

Mastercard bans cannabis shops stop accepting debit cards

July 27, 2023

How to Decode Your Ford’s VIN and Uncover...

April 5, 2024

The Rise of Mobile Gaming: How Smartphones Have...

January 3, 2025

Inheritance Tax Receipts reach £3.2Bn from April to...

September 21, 2023

T Levels: what are they and how they...

August 24, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved