The expanding artificial intelligence (AI) market, including chatbots such as ChatGPT, can help boost productivity and economic growth across the UK if developed responsibly, the competition watchdog has said. In a new report, the Competition and Markets Authority (CMA) has set out a list of guiding principles for the AI market to ensure consumers are protected. They include ensuring the AI developers are accountable for their output, while access to services, diversity within the market, choice and flexibility are also key focuses alongside a push for fair dealing and transparency. The CMA’s report comes amid growing concerns over the rapid development of generative AI – accessible technology that can create text, images and video barely distinguishable from humans’ output. Regulators worldwide are stepping up their scrutiny of AI, given its explosion into general use worldwide and fears over its impact on jobs, industry, copyright, the education sector and privacy – among many other areas. The speed at which AI is becoming part of everyday life for people and businesses is dramatic. There is real potential for this technology to turbo charge productivity and make millions of everyday tasks easier – but we can’t take a positive future for granted Sarah Cardell, CMA chief executive In its report, the CMA said competitive, responsible AI markets could see the creation of new and better products and services, as well as easier access to information, scientific and health breakthroughs and lower prices. But the watchdog warned that if competition is weak or developers fail to adhere to consumer protection law, people and businesses could be harmed through exposure to significant levels of misinformation and AI-enabled fraud. It also said that without proper principles, a handful of companies could use AI to gain or entrench positions of market power. Sarah Cardell, CMA chief executive, said: “The speed at which AI is becoming part of everyday life for people and businesses is dramatic. There is real potential for this technology to turbo charge productivity and make millions of everyday tasks easier – but we can’t take a positive future for granted. “There remains a real risk that the use of AI develops in a way that undermines consumer trust or is dominated by a few players who exert market power that prevents the full benefits being felt across the economy. While I hope that our collaborative approach will help realise the maximum potential of this new technology, we are ready to intervene where necessary Sarah Cardell, CMA chief executive “The CMA’s role is to help shape these markets in ways that foster strong competition and effective consumer protection, delivering the best outcomes for people and businesses across the UK. “In rapidly developing markets like these, it’s critical we put ourselves at the forefront of that thinking, rather than waiting for problems to emerge and only then stepping in with corrective measures. “That’s why we have today proposed these new principles and launched a broad programme of engagement to help ensure the development and use of foundation models evolves in a way that promotes competition and protects consumers. “While I hope that our collaborative approach will help realise the maximum potential of this new technology, we are ready to intervene where necessary.” As part of its engagement programme, the CMA said it will begin discussions with AI stakeholders in the UK and globally around developing its principles further and working with those groups on developing AI markets further. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live ‘Shocking’ rise in number of children falling victim to sextortion, charity says BBC, ITV, Channel 4 and Channel 5 announce smart TV platform Father of Molly Russell calls on Ofcom to ‘boldly’ enforce new online safety law

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jul 11, 2023--

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A woman on TikTok claimed she lost her job to artificial intelligence, and has now applied for the role to train AI to do her job in a bizarre turn of events. Copywriter Emily (@emilyhanley69) took to the platform to share that her company laid her off and brought in AI as a cheaper alternative. She then explained how there was a job opening to train the software to copy write. "And I’m going to have to take it," she said. "I’m going to have to take it because I cannot afford my apartment." She continued: "I’m about to eat a can of garbanzo beans. I’m selling off my possessions. I’m in no place to turn down a job. No place." "It’s literally going to take away the prospect [of] me finding a job in the future. But I don’t have a way out. There’s no choice for me," she said. Sign up for our free Indy100 weekly newsletter @emilyhanley69 Update: I didn’t get the job! #AI #work #copywriter While Emily later updated her followers that she did not get offered the job, fellow TikTokers took to the comments with their own takes on the situation. One person encouraged her to "Embrace it. Market yourself as a Ai consultant who trains Ai to write. Get the bag mama." Another highlighted how "short sighted" AI could potentially be across companies. "I just can't see how AI replaces writers well. it would give every company the same copy in a market basically," they wrote. A third focused on the positives, writing: "The flip side is, your next set of jobs could literally be being a consultant for marketing firms on using AI in their practice. You’ve got this!" Meanwhile, one fellow TikToker came up with a genius plan to "train AI to do the job wrong" as a form of revenge. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Twitter’s new chief Linda Yaccarino has sent her first memo to employees which echoes Elon Musk’s goal for the company to be a “global town square”. “From space exploration to electric vehicles, Elon knew these industries needed transformation, so he did it,” Ms Yaccarino, who led global ad sales for NBCUniversal in her previous stint, wrote. “More recently it has become increasingly clear that the global town square needs transformation – to drive civilization forward through the unfiltered exchange of information and open dialogue about the things that matter most to us,” she added in the memo. The longtime advertising executive is expected to oversee Twitter’s ads business that has crumbled since Mr Musk took over the company in October last year. Meanwhile, the Tesla titan said he would be overseeing Twitter’s product and engineering teams. Reiterating Mr Musk’s goal of a “Twitter 2.0”, Ms Yaccarino said the company is on a mission to become “the world’s most accurate real-time information source and a global town square for communication”. “That’s not an empty promise .... That’s our reality,” she said in the memo, which was also shared with some tweaks on her official Twitter account. “Have you ever been talking with someone particularly insightful and thought, you should have the freedom to speak your mind?.... We all should,” the new Twitter chief wrote. Ms Yaccarino told Twitter employees that they now had “the opportunity to reach across aisles, create new partnerships, celebrate new voices, and build something together that can change the world”. Since the Tesla and SpaceX chief’s takeover of Twitter, the platform’s ad revenue in the US plunged by over half. The New York Times reported last week that the social media company made $88m worth of ad sales between April and May this year – marking a 59 per cent drop from the same period last year. Within weeks of the “free speech absolutist” taking over Twitter, several key executives at the social media giant were fired, and controversial people like Donald Trump and Andrew Tate were allowed to return to the platform. Following many of his moves reflecting a change in content moderation policy on the platform, several high profile brands said they would stop advertising via Twitter. Following Mr Musk’s $44b takeover deal, Twitter’s value plunged, with the Tesla titan saying in March that the company was worth $20bn. In April, the multibillionaire said Twitter was “roughly breaking even”, adding that “almost all advertisers have come back or said they are going to come back”. Then last month, the Tesla titan said he would be stepping down as Twitter’s chief to focus on overseeing product, software and sysops as company’s chief technology officer. Ms Yaccarino, who seems to be selected based on her connections with the advertising world, would be the company’s new chief. “It’s rare to have the chance to put a new future into the hands of every person, partner, and creator on the planet. That’s exactly why I’m here – with all of you,” she wrote in the memo. Read More Elon Musk is hilariously shut down by his ‘favourite’ podcast Elon Musk refuses to pay Twitter’s Google bill, leaving site in peril Elon Musk responds to bizarre AI images of him as baby Elon Musk is hilariously shut down by his ‘favourite’ podcast Twitter is a troll’s playground — and Elon Musk wants to make life even easier for them What to know about Twitter's new CEO Linda Yaccarino

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By Joey Roulette WASHINGTON Elon Musk's SpaceX has tapped NASA's former human spaceflight boss Kathy Lueders to help