My colleague has spoken about the positives and negatives of AI. I want to concentrate more on the technicalities of the Bill. I want to be clear from the outset what this Bill is and what it is not. Whatever we are being told it is certainly not a modest piece of housekeeping. Indeed, it is a scaffolding for an entire, new, State-run, artificial intelligence regulator, a Bill which now has 139 sections and four schedules, a statutory body and a sanctions regime reaching €35 million, or up to 7% of a company’s global turnover. That is what we are discussing here. Yet, this House is being invited to waive through this legislation on the understanding that it is just a little bit of housekeeping. That is the Government’s own framing of this. We are told that these are technically implementable measures. We are told that the real law is going to be written in Brussels, and that we are just there simply to be the building mechanism and the machinery behind that, to enforce something that will be taken from Brussels legislation and which has not yet been fully written. For that reason, and for that reason alone, to rush this Bill through should tell this House that for the reasons I have outlined we need to scrutinise this legislation far more closely, have far more time on this debate, and look at the legislation and the Bill far more than we are. When a Parliament is reduced to installing the plumbing for a law that it cannot amend, the least we can do in this House is make sense of that plumbing work. Here in this Bill it does not. The Bill requires a new AI office of Ireland to be operational by August of this year. The State has set up an entire institution, it has to staff it, it has to fund it, and it has to switch the lights on within weeks. Yet, at a European Union level, the very obligations this office are meant to enforce are being pushed back under the digital ombudsman agreement, which I do not believe has been mentioned in this House, reached in May and not yet formally adopted, but already agreed between the institutions. The high-risk rules at the heart of this regime to be set up and applied will not be this August but in December 2027. We are here in this House and we are actually building a referee, at speed and with cost, 16 months before the match even begins. I put it to the Minister of State, Deputy Smyth, that we are legislating in the fog. That is what we are doing in this House at the moment with this information and this Bill. We cannot be told in this House the certainties and rules by which this office will finally have something to enforce. It is not coming in from Europe yet. We have not yet received that information. Let us turn now to what is at stake for this country. I do not think we have played this out enough or thought enough about it. Ireland is not a bystander when it comes to artificial intelligence. We host it in American technology companies that lead the field and run their European Union operations from all across this country. They did not do this accidentally. The point, which the Government will not say out loud, is that last year corporation tax brought in the sum of €33 billion, which is a record amount. The top ten companies, overwhelmingly American multinationals, paid well over 50% of it. Around 75% of all corporation tax comes through United States firms. Those companies employ directly almost 200,000 people in the State, and another 160,000 indirectly in this State. That is not competitive advantage, or should be taken as casual trade. That is the single most concentrated precarious revenue stream in this State, and it must be protected and minded. With that in mind, what are we doing with it? We are volunteering to be the most diligent enforcer of a framework from the European Union that is imposed on an industry that it has failed to build itself. Europe has not built AI: America and China have. Europe is way behind when it comes to AI and AI firms. What are we doing here with the very firms we depend on for finance? Is the Minister of State aware that the independent Irish Fiscal Advisory Council has already said that tighter regulation in the sector will be a risk to the revenue receipts of the State? That is a very important statement and something we all need to reflect on in this Chamber. The Minister of State has met with these companies. They are mobile companies. They make location decisions every day. We should be giving them every reason to stay in this country rather than giving them reasons to exit this country. Instead, what we have decided to do through this Bill is implement and hand them a €35 million fine regime and 15 separate regulators to answer to. It seems bizarre to me to have 15 separate regulators to answer to. Let me be straight with this House. I am not against oversight of technology in any way. No serious person in this House should be against oversight of technology, but artificial intelligence raises real questions and the public are entitled to real answers. A Parliament that truly cares about its citizens does not switch on an enforcement mechanism or an enforcement machine without knowing the rules around it first. It does not impose a cost on its taxpayers by putting at risk the very receipts that fund the Exchequer, that fund our social welfare, that fund our schools, that fund our third level colleges, that fund our hospitals and that fund our senior citizen homes. To my mind, good governance has always been about sequencing. It means waiting until the European Union rules are there and settled upon before we build Irish machinery to enforce them. It means protecting the jobs of the State and the revenue that the State actually depends upon, and not gambling them to look busy in front of our lords and masters in Brussels in their shadow. For this reason, this Bill in its current form and in this timeline is an entire mistake. The Bill asks this House to legislate before Europe has done so. It asks us to put taxpayers' funds at risk 16 institutional months ahead of its own purpose. It firmly asks this economy to carry and absorb the cost at haste, and the firms that deliver so much of that tax revenue to us. Currently I cannot support the Bill. I ask the Minister of State to rethink it before she brings it to the House.

Sentiment score: 0.09