UK government signals it will not force tech firms to disclose how they train AI
Campaigners have accused ministers of lying to parliament and the creative industries after the government signalled it would not force AI companies to disclose how they train their models.
Ministers are holding firm in a standoff with the House of Lords, which has called for artists to be offered immediate copyright protection against artificial intelligence companies.
Peers voted by 221 to 116 on Wednesday to insist on an amendment to the data bill that would force AI firms to be transparent about what copyrighted material they use to train their models.
In an amendment tabled on Friday, the government dismissed the Lords' request and reiterated its promise to publish an economic impact assessment and technical reports on the future of AI and copyright regulation.
Beeban Kidron, the crossbench peer and film director who has campaigned on behalf of the industry, said during Wednesday's debate that she would 'accept anything that the Commons does' after this week. 'I will not stand in front of your Lordships again and press our case,' she said.
But the News Media Association (NMA), which represents publishers including the Guardian, said peers could table further amendments to the data bill when it returns to the Lords next Wednesday.
Industry figures said the government was acting in bad faith by not addressing the Lords' concerns and called for it to make further amendments of its own before MPs vote on it on Tuesday.
Kidron said: 'The government has repeatedly taken all protections for UK copyrights holders out of the data bill. In doing so they have shafted the creative industries, and they have proved willing to decimate the UK's second-biggest industrial sector. They have lied to parliament, and they are lying to the sector.'
She said the government's action 'adds another sector to the growing number that have an unbridgeable gap of trust with the government'.
Owen Meredith, the chief executive of the NMA, said: 'The government's refusal to listen to the strong view of the Lords … risks undermining the legislative process.
'There is still time for the government to do the right thing, and take transparency powers in this bill. This would be a key step towards rebuilding trust with a £126bn industry.'
The government's approach to copyright has drawn the ire of major creative artists and organisations including Paul McCartney, Kate Bush and the National Theatre, with Elton John describing the situation as an 'existential issue' this week.
Opponents of the plans have warned that even if the attempts to insert clauses into the data bill fail, the government could be challenged in the courts over the proposed changes.
The consultation on copyright changes, which is due to produce its findings before the end of the year, contains four options: to let AI companies use copyrighted work without permission, alongside an option for artists to 'opt out' of the process; to leave the situation unchanged; to require AI companies to seek licences for using copyrighted work; and to allow AI firms to use copyrighted work with no opt-out for creative companies and individuals.
The technology secretary, Peter Kyle, has said the copyright-waiver-plus-opt-out scenario is no longer the government's preferred option, but Kidron's amendments have attempted to head off that option by effectively requiring tech companies to seek licensing deals for any content that they use to train their AI models.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
27 minutes ago
- Forbes
There's A Workplace Leadership Crisis. The Solution Is Authentic Leadership.
Photo credit We're living in a very different world. Just since Covid, many of the norms of business have evolved, making the workplace almost unrecognizable. AI is taking over (or at least it seems that way). There are more different generations working side-by-side, each with their own needs, expectations, and styles. Hybrid and remote work are making life more manageable for some, while at the same time reducing the sense of connection and belonging that many of us get from work. And we haven't even touched on the geopolitical events that are impacting virtually every industry and role. All of these changes are having a major impact on leadership. Leadership Is In Crisis Managers and leaders are feeling untethered and are experiencing increased stress. Their ability to motivate and engage their people in this complex work environment is diminishing. As a result, many employees are disconnecting from their management and, as a consequence, from work. Only 21% of employees strongly agree that they trust their company's leadership, according to Gallup. And 39% feel more comfortable asking AI for advice or support over their manager. 10% of Gen Zs would actually rather have AI for a manager than their current boss. The Antidote To Stress, Distrust, Uncertainty, and Loneliness is Authentic Leadership Although leaders need to be adept at all styles of leadership to respond to different situations that arise, authentic leadership as a primary leadership style allows today's leaders to build real, meaningful relationships with stakeholders. Authentic leadership is rooted in self-awareness, trust, transparency, and compassion. Leaders who exhibit these human qualities are best equipped to motivate and engage their people who are working amid vast and pervasive change. Authentic leaders understand that it's their primary responsibility to build an environment where their people can thrive. For authentic leaders, KPI doesn't just mean Key Performance Indicator, it means Key People Indicator. They measure their success based on their people's engagement, belonging, and growth. Enhance Your Authentic Leadership Skills With a growth mindset, you can develop and master the skills, mindsets, and behaviors that define authentic leadership. Learning and development leaders have the opportunity to play a significant role in resolving the challenges brought on by the new world of work. Here's how they can drive engagement, elevate performance, and fuel growth in their organizations. Focus On Social Skills In Leadership Development While becoming adept in using AI is important, emphasizing technical skills won't counteract the truly human challenges of the modern workplace. Building learning programs that focus on the core social skills (which are also known as human skills or soft skills) of authentic leadership, like self-awareness and empathy, will equip both leaders and employees with tools to succeed. Topics like personal branding and emotional intelligence are especially valuable in helping leaders and employees strengthen these essential skills. Build Authentic Leadership Modules Into Learning Experiences Leadership development programs often roll out over months or even years. It's time to revisit all components of current leadership development initiatives and incorporate modules that focus on the important elements of authentic leadership. Adding these elements throughout programs provides the reinforcement necessary to turn learning into action and action into results for the leader and the organization. Help Employees Design Their Own Training Paths Authentic leadership requires having a growth mindset. That means being curious, open, and ready to innovate. That looks different for each employee. When L&D professionals work with learners to help them define their destination and create a learning path that will get them there, they make meaningful contributions to both personal and organizational growth. Deliver Programs To Make Tech-Heavy Activities Easier To Master When Covid hit, we all transitioned to Zoom meetings at the flip of a switch, yet few of us were trained in how to truly master online meetings and presentations. Even five years later, the medium often feels dull and fraught with challenges. The same is true for AI. Some of the fear and paralysis that has been caused by the never-ending AI conversation can be eased by helping your people learn best practices and understand how to use AI to increase their performance and reduce tedious tasks. Build Leadership Programs For Teams To Engage Together Teams that learn together thrive together. The humanity deficit at work is real, and one way to add more human connection is through learning programs that foster interaction and provide opportunities for teammates to get to know each other more deeply. Hybrid programs that balance some scheduling flexibility with intentional moments of connection and conversation will ensure that the learning experience feels meaningful, not onerous. The New World Of Work Requires A New Style Of Leadership–Authentic Leadership The workplace today is almost unrecognizable compared to what it was just a few years ago. Multiple, concurrent changes are disrupting the workforce. That reduces humanity, creating uncertainty and impacting employee engagement. Authentic leadership plays a transformative role in the work environment, sparking a new age of engagement, connection, and belonging. William Arruda is a keynote speaker, author, and personal branding pioneer. Join him as he discusses clever strategies for using AI to express and expand your leadership brand in a free Maven Lightning Lesson. If you can't attend live, register to receive the replay.
Yahoo
an hour ago
- Yahoo
While institutions own 38% of Serabi Gold plc (LON:SRB), individual investors are its largest shareholders with 51% ownership
The considerable ownership by individual investors in Serabi Gold indicates that they collectively have a greater say in management and business strategy 44% of the business is held by the top 25 shareholders Insiders have been buying lately AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If you want to know who really controls Serabi Gold plc (LON:SRB), then you'll have to look at the makeup of its share registry. We can see that individual investors own the lion's share in the company with 51% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Institutions, on the other hand, account for 38% of the company's stockholders. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Let's delve deeper into each type of owner of Serabi Gold, beginning with the chart below. See our latest analysis for Serabi Gold Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Serabi Gold. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Serabi Gold, (below). Of course, keep in mind that there are other factors to consider, too. Serabi Gold is not owned by hedge funds. Fratelli Investments Ltd is currently the largest shareholder, with 10.0% of shares outstanding. Hargreaves Lansdown Asset Management Ltd. is the second largest shareholder owning 7.4% of common stock, and Aberdeen Group Plc holds about 6.2% of the company stock. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of Serabi Gold plc. It has a market capitalization of just UK£137m, and the board has only UK£346k worth of shares in their own names. We generally like to see a board more invested. However it might be worth checking if those insiders have been buying. The general public -- including retail investors -- own 51% of Serabi Gold. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions. With an ownership of 10.0%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Serabi Gold , and understanding them should be part of your investment process. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
an hour ago
- Yahoo
DWP has new 13-week rule for people on PIP and Universal Credit
The Department for Work and Pensions (DWP) has announced a new 13-week rule for people on Personal Independence Payment (PIP) as part of its massive benefits cuts. The DWP confirmed the Bill this week, with £5 billion worth of savings expected from it. But despite cuts, the DWP offered people on PIP somewhat of a boost via a 13-week transitional phase which has been introduced before stopping payments. It offers additional time for those affected by changes to the PIP daily living component. Ir is set to benefit current recipients who may lose their entitlement to Carers Allowance and the carer's element of Universal Credit due to the amendments. READ MORE: NS&I handing 'bonus' to millions of people who have Premium Bonds READ MORE: DWP told to scrap 'unsustainable' state pension triple lock and replace it READ MORE New UK heatwave set to hit next week with 22 counties in England roasted The transitional protection significantly exceeds the duration offered during the transition from Disability Living Allowance (DLA) to PIP, which was previously the primary disability benefit in the UK before PIP took over. Labour Party minister Liz Kendall said: "Our social security system is at a crossroads. Unless we reform it, more people will be denied opportunities, and it may not be there for those who need it. "This legislation represents a new social contract and marks the moment we take the road of compassion, opportunity and dignity. "This will give people peace of mind, while also fixing our broken social security system so it supports those who can work to do so while protecting those who cannot - putting welfare spending on a more sustainable path to unlock growth as part of our Plan for Change." Thomas Lawson, CEO of anti-poverty charity Turn2us, said: "There is no moral justification for cutting the support that allows sick and disabled people to meet their basic needs, live independently, and fully take part in society. "The positive plans of the government's longer-term reforms are being undermined by these harmful Treasury-driven cuts. Stripping away support will push people deeper into hardship, not employment. It will worsen health conditions, and make recovery harder."
