UK government sets up new agency to speed through new tech regulation
New Regulatory Innovation Office hopes to boost tech growth
· TechRadarNews By Ellen Jennings-Trace published 8 October 2024
The UK Government has announced a new agency which will look to speed up the process of approving new technologies for use in the public sector.
The Government hopes the new Regulatory Innovation Office (RIO) will ‘reduce the burden of red tape’ and help speed up access to tech such as AI in healthcare, or emergency delivery drones.
The RIO will reduce the burden for businesses that want to introduce new products and services into the market - covering fast growing sectors through innovations. The new department will work to remove obstacles and outdated regulations and ‘unlock the power of innovation’.
Open for business
The Government identifies four key sectors that the RIO will look to support; Engineering biology, Space, Artificial Intelligence, and Connected and autonomous technology, such as drones.
By streamlining the process for new tech, the government hopes to encourage new investments and kickstart growth. It comes at a time when many governing bodies, the EU in particular, are looking to bring in more regulation to control the reach of big tech organizations, especially with the emergence of AI technologies.
Many emerging technologies don’t fit under the current regulatory framework, so the new office will look to work with existing departments to offer broad cover for technological advancements,
“From breakthroughs that could help doctors diagnose illnesses earlier to satellite navigation for more accurate weather forecasting and getting emergency supplies to where they are needed, quickly and effectively, RIO will make sure UK companies are at the forefront of the next generation of technologies,” said Science and Technology Secretary, Peter Kyle.
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