UK Competition Authority's 7 Principles for Fair and Competitive AI Ecosystem

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United Arab Emirates MetaNews
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The Competition and Markets Authority (CMA) in the UK has taken a significant step in regulating the fast-growing field of artificial intelligence (AI). In a move aimed at ensuring a fair and competitive AI ecosystem, the CMA outlined seven key principles on September 18. The discussion surrounding AI regulation has been gaining momentum globally, particularly in 2023, as the year has witnessed remarkable advancements in generative AI technology. The CMA's decision to set forth these principles comes after an initial review of foundation models (FMs), which are AI systems with broad capabilities that can be adapted for various specific purposes. #AIRegulation #UKAI #CompetitionAuthority #AICompetition #AIEthics #AIInnovation #ConsumerProtection #FairAI #AICompetitiveEcosystem



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