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The benefits of AI are shared, not concentrated

AI is creating unprecedented concentrations of economic power, as well as enormous risks to the stability of the financial system. Government should ensure gains benefit workers and communities rather than being captured by global tech giants, and that the risks are not socialised. 

AI tools are transparent, trustworthy, and accountable

People have a right to know when they are interacting with AI and how it is being used. To do this, we will align and cooperate with international best practice, particularly around disclosure requirements, labelling requirements, and establishing an independent regulator to conduct assurance, audits, and education, to ensure that AI and AI companies are held accountable.