The UK’s Competition and Markets Authority set out specific principles to help guide AI regulations and companies that develop the technology.
The CMA, which acts as the primary antitrust regulator for the UK, focused its attention on foundation models: AI systems like OpenAI’s GPT-4, Meta’s Llama 2, and other large language models that form the basis for many generative AI use cases.
Companies making foundation models should follow seven principles. That includes making sure developers and businesses that use these models are accountable for the output that consumers are given, ensuring broad access to chips and processors and the training data needed to develop these AI systems, and offering a diversity of business models by…
