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UK could miss 'AI goldrush' if it doesn't adjust its large-language model policy

( February 2, 2024, 00:01 GMT | Official Statement) -- MLex Summary: The UK government's policy on AI large language models needs rebalancing to avoid missing out on opportunities posed by the technology and ending up with market dominance by a small group of overseas companies, a UK parliamentary committee warned. In a detailed report on large-language models, the lawmakers warned that UK institutions are moving too slow and are overly preoccupied with "catastrophic" scenarios while not resolving more pressing issues, such as a regulatory framework, copyright rules and digital competition.Statement follows. The report will be added after formal publication....

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