UK competition watchdog probes AI market amid safety concerns

The UK’s competition watchdog has launched a review of the artificial intelligence market, in an effort to weigh up the potential opportunities and risks of a technology Bill Gates dubs as “revolutionary as mobile phones and the Internet.” The Competition and Markets Authority (CMA) said it would investigate the systems underpinning tools such as ChatGPT in order to evaluate the competition rules and consumer protections that may be required. This, the CMA stated, is to ensure the development and deployment of AI tools is done in a safe, secure, and accountable manner.  “It’s crucial that the potential benefits of this…

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