💨 Abstract

The UK is establishing a Regulatory Innovation Office (RIO) to expedite the approval of new technologies like AI for healthcare, space, and drone sectors. This move aims to enhance economic growth and investment, with a focus on cutting-edge technologies in infrastructure, the net-zero transition, and more. The RIO will work alongside existing regulators and invite applications for a chair to lead it.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖