B

Baroness Lloyd of Effra (Lab)

Speaking in the House of Lords on 4 June 2026

Debate

AI Regulation Bill

Contribution

Our view is that AI is a general-purpose technology with a wide range of applications, and also that regulators understand well the sectors they are regulating. They understand the risks that are present and understand, as many noble Lords have raised in the debate, the specific applications that AI is bringing, the potential risks to consumers and the nature of the competitive landscape—the balance between competition, incumbents and new entrants. That is the reason we are taking the approach to regulate at the point of use and using those regulatory frameworks. We also already regulate AI in the UK—for example, in the Online Safety Act or under the GDPR—and, in some areas, across sectors. There are some areas in which legislation applies to the application of AI technologies.

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