Last week, the UK's Competition and Markets Authority announced that it is launching a review of artificial intelligence models to ensure that "AI continues in a way that benefits consumers, businesses, and the UK economy."
That is of course the same CMA that blocked Microsoft's $69 billion Activision acquisition just two weeks ago. It's now looking to conduct an assessment that will "best guide the development of foundation models and their use in the future." The regulatory body says its review will focus on the effects of the development of AI foundation models (aka AI like GPT-3 or DALL-E 2, which are trained on vast datasets and have multiple uses).
