The UK Competition and Markets Authority (CMA) has announced an examination of the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine the development and deployment of applications like OpenAI’s ChatGPT against key principles, including safety, transparency, fairness, and accountability. The review will examine the competitive market for AI foundation models and their usage, as regulators aim to monitor how they can expand and present opportunities, along with risks to competition and consumers.
Sarah Cardell, the chief executive of the CMA, highlighted the importance of AI technologies, which have the …
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