UK competition regulator launches review into AI market

Looking into ChatGPT tech

Eve Maddock-Jones
clock • 1 min read

The UK competition watchdog is launching a review of the artificial intelligence market, examining the "competition and consumer protection principles" of this space.

It said it aims to "best guide" the development of AI markets going forward, looking at how these systems could evolve and "what opportunities and risks these scenarios could bring for competition and consumer protection". ChatGPT heralds a new era for artificial intelligence but the same rules apply The review will include models behind popular chatbots like ChatGPT.  In its initial outline, the Competition and Markets Authority said the government asked regulators back in March to consider how AI companies and software could develop in line with five overarching principles, "safe...

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Eve Maddock-Jones
Author spotlight

Eve Maddock-Jones

Features Editor at Investment Week

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