Regulators Investigate Risks of ChatGPT-style A.I. in Britain

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Source: CNBC
Regulators Investigate Risks of ChatGPT-style A.I. in Britain
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TL;DR Summary

The UK competition regulator has launched an investigation into the AI industry, focusing on "foundation models" like large language models and generative AI, such as those being developed by Microsoft-backed firm OpenAI. The probe will examine potential competition and consumer concerns as regulators grow concerned by the risks posed by rapidly advancing AI. The regulator will seek views and evidence from stakeholders until a June 2 deadline and will publish a report outlining its findings in September.

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