AI Regulation & Innovation: Insights from the UK House of Lords | CXOTalk #875

How do top policymakers balance fostering technological advancement with necessary oversight? Join Michael Krigsman as he speaks with Lord Chris Holmes and Lord Tim Clement-Jones, members of the UK House of Lords, for a deep dive into the critical intersection of technology policy, innovation, and public trust. In this conversation, explore: -- The drive for "right-sized" AI regulation that supports innovators, businesses, and citizens. -- Strategies for effective AI governance principles: transparency, accountability, and interoperability. -- The importance of international collaboration and standards in a global tech ecosystem. -- Protecting intellectual property and creators' rights in the age of AI training data. -- Managing the risks associated with automated decision-making in both public and private sectors. -- The push for legal clarity around digital assets, tokenization, and open finance initiatives. -- Building and maintaining public trust as new technologies become more integrated into society. Gain valuable perspectives from legislative insiders on the challenges and opportunities presented by AI, digital assets, and data governance. Understand the thinking behind policy decisions shaping the future for business and technology leaders worldwide. Subscribe to CXOTalk for more conversations with the world's top innovators: https://www.cxotalk.com/subscribe Read the full transcript and analysis: https://www.cxotalk.com/episode/ai-digital-assets-and-public-trust-inside-the-house-of-lords 00:00 Balancing Innovation and Regulation in AI 02:48 Principles and Frameworks for AI Regulation 09:30 Global Collaboration and Challenges in AI and Trade 15:25 The Role of Guardrails and Regulation in AI 17:43 Challenges in Protecting Intellectual Property in AI 22:32 AI Regulation and International Collaboration 29:11 The UK's Approach to AI Regulation 32:00 Proportionality and Sovereign AI 36:28 Digital Sovereignty and Creative Industries 39:09 The Future of Digital Assets and Legislation 40:53 Open Banking, Open Source Models, and Agile Regulation 45:43 Ethics and Professional Standards in AI 47:22 Exploring AI and Ethical Standards 49:00 AI in the Workplace and Global Accessibility 51:40 Regulation, Public Trust, and Ethical AI #cxotalk #AIRegulation #AIInnovation #DigitalAssets #PolicyMaking #UKParliament #TechPolicy #Governance #PublicTrust #LordChrisHolmes #LordTimClementJones