B

Baroness Lloyd of Effra (Lab)

Speaking in the House of Lords on 4 June 2026

Debate

AI Regulation Bill

Contribution

In all regulation, there is obviously a balance between consistency and context-specific, appropriate regulation. It is not always the case that consistency is the most appropriate or first-order principle. It may be that, as we have been discussing, there are many issues: a focus on growth, a focus on consumer protection or, for the energy markets in particular, a motivation towards decarbonisation. That is why the regulator, for whichever market we are talking about, is very well placed to look at how their objectives, as set out in their statutory duties, are best applied in the context of this new technology, which provides different functionalities and the opportunity for new innovation. That is one reason we have also given these sandboxing powers. We realise that the current set of statutory frameworks was set up assuming that humans would always, for example, be in vehicles or crew vessels. We may need to adapt that in order to take account of the potential new innovations that AI brings, while doing so in a safe and secure way.

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