Baroness Lloyd of Effra (Lab): 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.

UK — Parliament · 2026-06-04 · UK · verified record

Themes: Child safety & minors · Online platforms · Search services

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

Question for Short Debate Asked by To ask His Majesty’s Government what assessment they have made of the case for a cross-sector AI regulation bill. My Lords, it is a pleasure to bring this QSD to the Grand Committee for debate. In doing so, I declare my interests as set out in the register, variously as adviser to the Crown Estate, Endava plc and Simmons and Simmons LLP. I thank all noble Lords who have signed up to speak, and I look forward to their quick-fire contributions. I have been given eight minutes to open this debate, but I can do it in one word: is there a case for a cross-sector A…