The argument for it being multi-regulator is to reduce inconsistencies in regulatory responses and create a more coherent approach. Vallance wrote that effective AI regulation “requires a new approach from government and regulators” that is agile, expert-led and able to provide clear guidance quickly to industry. The engagement will be through the Digital Regulation Cooperation Forum. Regulatory sandboxes provide a space for innovators to test their new ideas and work with regulators on the application of regulatory frameworks.” AI regulatory sandbox: a multi-agency approach “This is particularly true when a technology’s path to market requires interaction with multiple regulators, or when regulatory guidance is emergent. “Innovators can often face regulatory challenges in getting new, cutting-edge products to market,” the government wrote in its response to the report by Vallance. Several regulators already run some form of sandbox including the Information Commissioner’s Office (ICO) with data security and innovation.Īs part of the 2023 Spring Budget announcement, Chancellor Jeremy Hunt confirmed the government would support recommendations on AI regulation made by Sir Patrick Vallance in his “pro-innovation regulation for digital technologies” review. This isn’t a new concept, with sandboxes widely used in other areas of the economy including finance, energy systems and data security as a way to test the boundaries of both regulation and technology. Former UK chief scientific advisor Sir Patrick Vallance recommended setting up an AI sandbox in a review of innovation-related policy (Photo by Adrian Dennis-WPA Pool/Getty Images) The multi-regulator sandbox will “allow innovators and entrepreneurs to experiment with new products or services under enhanced regulatory supervision without the risk of fines or liability”. A new regulatory sandbox for artificial intelligence models, tools and systems is to be introduced in the UK after the government backed proposals in yesterday’s Budget.
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