The UK’s Competition and Markets Authority has issued a report featuring seven proposed principles that aim to “ensure consumer protection and healthy competition are at the heart of responsible development and use of foundation models,” or FMs. Ranging from “accountability” and “diversity” to “transparency,” the principles aim to “spur innovation and growth” while implementing social safety measures amidst rapid adoption of apps including OpenAI’s ChatGPT, Microsoft 365 Copilot, Stability AI’s Stable Diffusion. The transformative properties of FMs can “have a significant impact on people, businesses, and the UK economy,” according to the CMA. Continue reading UK’s Competition Office Issues Principles for Responsible AI