• Market Cap: $2,418,160,157,835.35
  • 24h Vol: $108,433,118,919.67
  • BTC Dominance: 56.67%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

AI should be regulated like medicine and nuclear power: UK minister

Jon Hartney by Jon Hartney
June 6, 2023
in Bitcoin, Blockchain, Business, Market
0
AI should be regulated like medicine and nuclear power: UK minister
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

A minister from the United Kingdom’s opposition party says AI should be licensed and regulated in a similar way to the pharmaceutical and nuclear industries.

Developers working on artificial intelligence should be licensed and regulated similarly to the pharmaceutical, medical, or nuclear industries, according to a representative for Britain’s opposing political party.

Lucy Powell, a politician and digital spokesperson for the United Kingdom’s Labour Party told The Guardian on June 5 that firms like OpenAI or Google which have created AI models should “have to have a license in order to build these models,” adding:

Related articles

Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

June 18, 2026
Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case

Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case

June 18, 2026

“My real point of concern is the lack of any regulation of the large language models that can then be applied across a range of AI tools, whether that’s governing how they are built, how they are managed or how they are controlled.”

Powell argued regulating the development of certain technologies is a better option than banning them similar to how the European Union banned facial recognition tools.

She added AI “can have a lot of unintended consequences” but if developers were forced to be open about their AI training models and datasets then some risks could be mitigated by the government

“This technology is moving so fast that it needs an active, interventionist government approach, rather than a laissez-faire one,” she said.

Ahead of speaking at the TechUk conference tomorrow, I spoke to the Guardian about Labour’s approach to digital tech and AI https://t.co/qzypKE5uJU

— Lucy Powell MP (@LucyMPowell) June 5, 2023

Powell also believes such advanced technology could greatly impact the U.K. economy and the Labour Party is purportedly finishing up its own policies on AI and related technologies.

Next week, Labour leader Keir Starmer is planning to hold a meeting with the party’s shadow cabinet at Google’s U.K. offices so it can speak with its AI-focused executives.

Related: EU officials want all AI-generated content to be labeled

Meanwhile on June 5, Matt Clifford the chair of the Advanced Research and Invention Agency — the government’s research agency set up last February — appeared on TalkTV to warn AI could threaten humans in as little as two years.

EXCLUSIVE: The PM’s AI Task Force adviser Matt Clifford says the world may only have two years left to tame Artificial Intelligence before computers become too powerful for humans to control.

— TalkTV (@TalkTV) June 5, 2023

“If we don’t start to think about now how to regulate and think about safety, then in two years’ time we’ll be finding that we have systems that are very powerful indeed,” he said. Clifford clarified, however, that a two-year timeline is the “bullish end of the spectrum.”

Clifford highlighted that AI tools today could be used to help “launch large-scale cyber attacks.” OpenAI has put forward $1 million to support AI-aided cybersecurity tech to thwart such uses.

“I think there’s [sic] lots of different scenarios to worry about,” he said. “I certainly think it’s right that it should be very high on the policymakers’ agendas.”

BitCulture: Fine art on Solana, AI music, podcast + book reviews

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

by Jon Hartney
June 18, 2026
0

Illinois has enacted SB3019, introducing a 02% digital asset tax from 2027 and drawing criticism from crypto industry

Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case

Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case

by Jon Hartney
June 18, 2026
0

A federal judge has denied Michelle Bond’s bid to dismiss campaign finance charges tied to alleged FTX-linked

UK Sanctions List Keeps HTX In Compliance Spotlight After OFSI Designation

UK Sanctions List Keeps HTX In Compliance Spotlight After OFSI Designation

by Jon Hartney
June 18, 2026
0

HTX remains in the compliance spotlight after UK OFSI sanctions records and TRM analysis flagged Huobi Global SA under Russia-related

HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Case

HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Case

by Jon Hartney
June 18, 2026
0

Rodney Burton, known as Bitcoin Rodney, has pleaded guilty to a conspiracy charge connected to the $18 billion HyperFund crypto...

Binance Targets EU Regulatory License As MiCA Deadline Puts Exchanges Under Pressure

Binance Targets EU Regulatory License As MiCA Deadline Puts Exchanges Under Pressure

by Jon Hartney
June 18, 2026
0

Binance’s European licensing path is becoming a key test of how major crypto exchanges adapt to the EU’s MiCA

Load More
  • Trending
  • Comments
  • Latest
SUI Price Hits All-Time High – But Questions About Valuation Remain

SUI Price Hits All-Time High – But Questions About Valuation Remain

October 17, 2024
Solana Targets $160 Resistance As TVL Hits New Yearly Highs

Solana Targets $160 Resistance As TVL Hits New Yearly Highs

October 17, 2024
Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

October 17, 2024
Bitcoin Price Holds Firm: Can It Power Toward New Gains?

Bitcoin Price Holds Firm: Can It Power Toward New Gains?

October 17, 2024
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

June 18, 2026
Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case

Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case

June 18, 2026
UK Sanctions List Keeps HTX In Compliance Spotlight After OFSI Designation

UK Sanctions List Keeps HTX In Compliance Spotlight After OFSI Designation

June 18, 2026
HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Case

HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Case

June 18, 2026

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law June 18, 2026
  • Judge Denies Michelle Bond Bid To Dismiss FTX-Linked Campaign Finance Case June 18, 2026
  • UK Sanctions List Keeps HTX In Compliance Spotlight After OFSI Designation June 18, 2026
  • HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Case June 18, 2026
  • Binance Targets EU Regulatory License As MiCA Deadline Puts Exchanges Under Pressure June 18, 2026

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market
  • Uncategorized

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$84,372.003.58%
  • ethereumEthereum(ETH)$1,885.365.68%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.186.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • binancecoinBNB(BNB)$617.995.03%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$128.974.23%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.1736117.78%
  • cardanoCardano(ADA)$0.687.61%
  • tronTRON(TRX)$0.2342340.79%
  • staked-etherLido Staked Ether(STETH)$1,884.065.48%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$84,309.003.84%
  • ToncoinToncoin(TON)$4.157.66%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$14.027.76%
  • leo-tokenLEO Token(LEO)$9.211.17%
  • stellarStellar(XLM)$0.2743585.70%
  • avalanche-2Avalanche(AVAX)$19.647.71%
  • Wrapped stETHWrapped stETH(WSTETH)$2,256.395.40%
  • USDSUSDS(USDS)$1.00-0.01%
  • SuiSui(SUI)$2.429.03%
  • shiba-inuShiba Inu(SHIB)$0.0000137.71%
  • hedera-hashgraphHedera(HBAR)$0.17284810.00%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • polkadotPolkadot(DOT)$4.257.34%
  • litecoinLitecoin(LTC)$85.265.04%
  • bitcoin-cashBitcoin Cash(BCH)$314.248.23%
  • mantra-daoMANTRA(OM)$6.301.94%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • PengPeng(PENG)$0.60-13.59%
  • Bitget TokenBitget Token(BGB)$4.664.95%
  • wethWETH(WETH)$1,884.285.66%
  • Ethena USDeEthena USDe(USDE)$1.00-0.04%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.18%
  • MurasakiMurasaki(MURA)$4.23-13.71%
  • Black PhoenixBlack Phoenix(BPX)$3.351,000.00%
  • Pi NetworkPi Network(PI)$0.714.53%
  • HyperliquidHyperliquid(HYPE)$13.729.80%
  • Wrapped eETHWrapped eETH(WEETH)$2,003.675.53%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$28.350.76%
  • moneroMonero(XMR)$217.841.31%
  • Zypto TokenZypto Token(ZYPTO)$0.037139-3.47%
  • uniswapUniswap(UNI)$6.217.66%
  • AptosAptos(APT)$5.395.79%
  • PepePepe(PEPE)$0.00000811.37%
  • daiDai(DAI)$1.00-0.01%
  • nearNEAR Protocol(NEAR)$2.635.26%
  • XT.comXT.com(XT)$3.08-1.65%
  • Layer One XLayer One X(L1X)$23.35454.66%
  • sUSDSsUSDS(SUSDS)$1.050.05%
  • okbOKB(OKB)$48.762.12%
  • gatechain-tokenGate(GT)$22.883.58%
  • crypto-com-chainCronos(CRO)$0.1015853.46%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$84,342.003.68%
  • MantleMantle(MNT)$0.814.44%
  • Tokenize XchangeTokenize Xchange(TKX)$33.460.86%
  • internet-computerInternet Computer(ICP)$5.517.85%
  • ethereum-classicEthereum Classic(ETC)$17.074.81%
  • OndoOndo(ONDO)$0.817.47%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.12%
  • aaveAave(AAVE)$168.6110.19%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.170.30%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • Official TrumpOfficial Trump(TRUMP)$10.354.36%
  • vechainVeChain(VET)$0.0233636.04%
  • cosmosCosmos Hub(ATOM)$4.538.09%
  • fantomFantom(FTM)$0.70-1.56%
  • BittensorBittensor(TAO)$231.277.72%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • EthenaEthena(ENA)$0.3616194.37%
  • render-tokenRender(RENDER)$3.6710.91%
  • filecoinFilecoin(FIL)$2.927.72%
  • CelestiaCelestia(TIA)$3.181.75%
  • Black AgnusBlack Agnus(FTW)$0.000183423.46%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$84,465.004.02%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.2063993.13%
  • KaspaKaspa(KAS)$0.0682239.38%
  • STAUSTAU(STAU)$0.17397910.95%
  • FasttokenFasttoken(FTN)$4.020.01%
  • Sonic (prev. FTM)Sonic (prev. FTM)(S)$0.5212.98%
  • algorandAlgorand(ALGO)$0.1896979.65%
  • ORA CoinORA Coin(ORA)$4.885.92%
  • ArbitrumArbitrum(ARB)$0.3397526.22%
  • Arbitrum Bridged USDT (Arbitrum)Arbitrum Bridged USDT (Arbitrum)(USDT)$1.000.07%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • kucoin-sharesKuCoin(KCS)$11.231.19%
  • Solv Protocol SolvBTCSolv Protocol SolvBTC(SOLVBTC)$84,076.003.32%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.4856098.68%
  • optimismOptimism(OP)$0.776.43%
  • StoryStory(IP)$4.75-2.68%