Tag: Competition and Markets Authority

This article discusses the UK's new competition and consumer protection review of artificial intelligence (AI) models like ChatGPT and Midjourney. Authorities around the globe are seeking a suitable balance of regulation that allows dynamic AI growth without scuffling innovation. In addition, the US Federal Trade Commission is in the process of investigating customer effects of AI, and the White House invited tech industry figures to discuss security issues concerning the technology. All of these efforts suggest a wave of government enterprises to regulate AI across multiple countries.

The UK Competition & Markets Authority is investigating Artificial Intelligence and ChatGPT - a mobile conversation AI. Their goal is to protect competition, consumer interests and other related sectors. CMA is engaging with business stakeholders to ensure the best outcomes for consumers. Sarah Cardell of CMA leads the reviews and investigations to steer the authority's policy stance. AI powered chatbot for mobile, lets users interact through machine learning, natural language processing and deep learning.