The Competition and Market Authority (CMA) will investigate what the development of artificial intelligence (AI) means for UK consumers and market competition.
Requested by the government, the review of generative AI, such as seemingly new and realistic text, images, or audio, was announced on May 4.
Westminster seeks to understand and ensure that innovations in AI serve the UK economy, consumers, and businesses without breaching appropriate transparency and security.
The initial review will examine how the competitive markets for foundation models and their use could evolve.
Foundation models are learning models trained on vast volumes of data to handle a variety of tasks, from translating texts to analysing medical images to creating original music scores and film scripts….