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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 4 May 2021
  6. Current session: 13 May 2021 to 29 December 2025
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Displaying 2469 contributions

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Economy and Fair Work Committee [Draft]

Digital Assets (Scotland) Bill: Stage 1

Meeting date: 3 December 2025

Willie Coffey

My final query is on stablecoins, which I think you have all mentioned. It is another type of cryptocurrency, which is pegged to a stable currency. I read this morning that 10 European banks are planning to launch a stablecoin next year. Where are we in Scotland or in the UK compared with that initiative in Europe?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

It really did. What is the public’s attitude to slush? If it is cheaper, do people care?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

Thank you, both.

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

How do we persuade the single-billionaire company that you mentioned earlier to embrace this and to observe the ethical standards that we might want to deploy across the AI sector? How do we persuade that single-person company to do that?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

Okay. Absolutely fascinating, guys. Thank you.

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

You may have heard Dex Hunter-Torricke telling us earlier about the advent of the corporate billion-dollar company with a single person in control. How do we persuade such a person to embrace an ethical framework and ethical standards? Is that a journey that we just have to keep working on and fighting to achieve?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

What about creativity?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

That goes into the area that Gordon MacDonald led us into—regulation, control and standards. Is it too late to try to establish that stuff?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

Good morning. I invite you to say a few words each on the ethical side of all of this. Kayla-Megan Burns, you have mentioned ethics a few times, and colleagues have raised a number of issues that take us in that direction. Will you give us your thoughts on how we protect ourselves and society and also instil within the AI revolution a sense of responsibility, ethical behaviour and so on, or do you think that it is destined to just run its own course, in its own direction and at its own pace?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 19 November 2025

Willie Coffey

Trust is at the heart of this. Is trust our saviour? Is trust going to save us from a horrible future where we will be endlessly fighting against bad-faith actors? If we can establish that within any of these frameworks do we have a chance, Leo Fakhrul?