The UK's Competition and Markets Authority (CMA) has opened an initial review into the market for artificial intelligence systems, looking at the underlying foundational large language models that power chatbots such as ChatGPT alongside the opportunities and risks that AI could present. The CMA added that the review is in line with the UK government's aim to support "open, competitive markets", as outlined in a white paper published in March. [Extracted from the article]
"As a result, the absence of an AI framework hasthe likely potential to create a more unequal and unjustsociety, enhancing the market and power asymmetries betweenthose who dominate digital tools and those who are impactedby AI technology." News In its white paper outlining its policy on AIregulation, the UK government has called for "responsibleuse" while avoiding the introduction of what it callsinnovation-stifling "heavy-handed legislation.". [Extracted from the article]
Published
2023
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