AI market faces investigation by UK competition watchdog | Business News

The UK’s competition watchdog has launched a review of the artificial intelligence (AI) market.

Sarah Cardell, chief executive of the Competition and Markets Authority (CMA), told the Financial Times that its “fact-finding” mission would inform “real opportunities” and what protections might be needed.

The investigation will include the models behind popular chatbots such as ChatGPT, she said.

artificial intelligence The Internet is receiving increased attention as rapid development raises concerns about many threats, including privacy and jobs.

The future of coursework in exams is under pressure from so-called generative artificial intelligence.

The CMA’s remarks come days after the U.S. Federal Trade Commission warned this week that it was “closely watching” how such technologies are developed and used.

This week also saw Geoffrey Hinton, the so-called godfather of AI, speak out Against the technology he helped create and the threat it could pose to humanity after leaving his role Google.

For its part, the CMA has shown that it’s not afraid to take on Big Tech.

It drew a backlash from Microsoft last week when it Decided to block the company’s $75 billion acquisition of game publisher Activision Blizzard.

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