In this episode of The AI Adoption Podcast, I speak with Kate Jones, CEO of the Digital Regulation Cooperation Forum (DRCF), which brings together four regulators: Ofcom, the ICO, the CMA and the FCA to work together on regulating online and digital services. We discuss the work does with the Regulatory Innovation Office, which is part of the Department for Science, Innovation and Technology. DRCF’s influence extends internationally, as countries seek to learn from and emulate its best practices.

We explore what it means to build public trust in AI, how “principles-based” regulation can make compliance simpler, and how regulators are learning to collaborate like doctors working on one shared care plan for the digital economy.

We discussed:

• Why regulation and innovation are not opponents but partners

• How UK regulators support companies build compliance “by design”

• The concept of smart data and its potential to open new markets for SMEs

• What boards can learn from regulators about joining up compliance functions

Find out why Kate says: “if we get digital regulation wrong, the AI environment could end up dividing society rather than lifting it.”

Listen in to understand how regulation and innovation can work together to create a trusted, thriving AI ecosystem.