No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Investing

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

by
February 6, 2024
in Investing
0
Government Scraps Plans for Voluntary AI Code of Conduct, Stirring Concerns in Creative and Tech Sectors
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

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

Previous Post

UK electric vehicle maker Arrival enters administration putting 170 jobs at risk

Next Post

Post Office minister exploring new ownership structures handing ownership to workers

Next Post
Post Office minister exploring new ownership structures handing ownership to workers

Post Office minister exploring new ownership structures handing ownership to workers

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023

Last Day to Give in 2023!

December 31, 2023

The Producer Price Index

September 9, 2023
Shifts, Not Shocks: Rethinking Rust Belt Decline

Shifts, Not Shocks: Rethinking Rust Belt Decline

0

0

0

0
Shifts, Not Shocks: Rethinking Rust Belt Decline

Shifts, Not Shocks: Rethinking Rust Belt Decline

May 23, 2025
Friday Feature: LUMIN Schools

Friday Feature: LUMIN Schools

May 23, 2025
Tariffs on Imports from China Are Still Too High

Tariffs on Imports from China Are Still Too High

May 23, 2025

MMT and US History: Redefining Chartalism

May 23, 2025

Recent News

Shifts, Not Shocks: Rethinking Rust Belt Decline

Shifts, Not Shocks: Rethinking Rust Belt Decline

May 23, 2025
Friday Feature: LUMIN Schools

Friday Feature: LUMIN Schools

May 23, 2025
Tariffs on Imports from China Are Still Too High

Tariffs on Imports from China Are Still Too High

May 23, 2025

MMT and US History: Redefining Chartalism

May 23, 2025

Disclaimer: SuccessAmericanInvestors.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.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.