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U.S., United Kingdom, and E.U. make pact supporting AI competition
%%excerpt%% The UK’s competition watchdog has published a joint statement alongside counterparts from the US and EU to support competition in AI.
Specifically, “the agencies have set out fair dealing, interoperability, and choice as key principles to support competition, protect consumers and help businesses to innovate and thrive.” Concerns have been raised about the “interconnected web” of more than 90 partnerships and relationships between a small number, mainly big tech firms and AI research organizations that can scale up toward almost monopolizing the sector. CMA chief executive, Sarah Cardell stated “AI is a borderless technology which has the potential to drive innovation and growth, delivering transformative benefits for people, businesses, and economies around the world.”
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