Competition watchdog to investigate whether AI development is in consumers' best interests.
The UK is set to review the artificial intelligence market to make sure its benefits are available for everyone and that no single firm will dominate.
AI's rapid take-up has sparked fears of job losses, privacy and the potential to circulate misleading information., said so-called foundation models such as the software behind ChatGPT had the potential to "transform the way businesses compete as well as drive substantial economic growth". Sir Martin Sorrell, founder of the advertising companies WPP and S4, told the BBC that AI would be an "industrial revolution" and "another major shift in technology , rivalling, maybe even more significant than the iPhone and similar developments".
Sir Martin said the CMA had shown its willingness to stop tech firms having too much power, for example by blocking Microsoft's planned takeover of UK gaming giant Activision Blizzard last week whichThe US competition watchdog, the Federal Trade Commission, has also called for tougher regulation of AI.
"Right now, they're not more intelligent than us, as far as I can tell. But I think they soon may be."
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The One Show viewers aghast that 'sloppy' chicken pie won Coronation competitionNot everyone can have a piece of the pie 🥧 Fans have been left outraged after Adam Handling’s Majestic chicken pie recipe was announced as the winner of the One Show's coronation dish competition.
Weiterlesen »
UK competition watchdog launches review of AI market\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Weiterlesen »
UK competition watchdog to launch review into AIThe CMA will look into whether the development of new AI technology is in consumers' best interests.
Weiterlesen »
AI faces investigation by UK competition regulatorThe CMA's boss says the technology offers opportunities but says there may need to be consumer protections in place.
Weiterlesen »
Transfer gossip: Man Utd face competition for France striker as Liverpool rival Red Devils for Ajax starManchester United could face a bidding war over Randal Kolo Muani with Bayern and Real Madrid, while Ajax have made their demands clear for Jurrien Timber...
Weiterlesen »
Development budgets for AAA games are now reportedly 'reaching unprecedented ranges'The hefty report from UK regulator the Competition and Markets Authority which blocked Microsoft's proposed acquisition of Activision Blizzard also goes into detail on how game development budgets are soaring.
Weiterlesen »