Weak competition in AI race could hurt consumers: UK watchdog

There is a “real risk” that the artificial intelligence industry could develop in a way that could end up with only a few firms dominating the market, while consumers are bombarded with harmful information, according to the United Kingdom’s competition watchdog. 

In a report published Sept. 18, the Competition and Markets Authority

It is not the first time the U.K. has cautioned over rapid advances in AI. In June, the British prime minister’s AI task force adviser, Matt Clifford, said the technology would need regulation and control within the next two years to curb major existential risks.

Also in June, Japan’s privacy watchdog warned ChatGPT’s parent company OpenAI about its data collection methods.

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