Shadow home secretary Yvette Cooper claims current laws aren't fit for purpose to combat cyber threats.
Training AI to incite violence or radicalise the vulnerable would become an offence under a Labour government.
She said: "Hateful extremist online forums and chatbots and algorithms that prey on vulnerable people have been a concern for some time - but generative AI takes that to a new level. She said the threat from hostile states including China and Russia was so great that a parallel strategy targeting state actors was needed to run alongside counter-terrorism plans.
Highlighting how London is still "home to some of the worst money laundering scandals of the modern age", Ms Cooper said Labour would introduce a new taskforce to tackle economic threats, and strengthen enforcement around economic crime.Earlier this year, the government decided against introducing a new AI regulator, citing the need to "turbo charge" innovation.
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