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Resource
Answer
Written answer
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yUrD3O2r
answer has answering person
Kevin Paul Hollinrake
answer text
<p>As part of the AI regulation White Paper consultation, the Government is engaging closely with regulators across the wider landscape to understand the organisation capacity they need to regulate AI effectively.</p><p> </p><p>The Department for Business and Trade sponsors the Competition and Markets Authority (CMA). CMA staff recorded approximately 2,300 hours on the CMA’s “AI Foundation Models: Initial Review” project from 27 March to 2 June 2023. This equates to approximately 7 FTE. In addition, given the CMA’s remit other work by CMA staff may have direct or indirect relevance to AI. Decisions on future allocation of CMA resources will depend on the findings of the CMA’s initial review and other demands at that time.</p><p> </p><p>The Department directly includes or sponsors a number of other regulators and public bodies, such as the Office for Product Safety and Standards and the Financial Reporting Council. These regulators are not directly responsible for regulating AI but may consider its implications and effects across numerous parts of their work. It is not possible to accurately disaggregate resource working on AI issues for these bodies.</p>
answer given date
answer has answering body
Department for Business and Trade
written answer has answering body
Department for Business and Trade
Department for Business and Trade
answering body has written answer
Lft1efCh
answering body has answer
Lft1efCh
yUrD3O2r
question has answer
Lft1efCh
Kevin Paul Hollinrake
answering person has answer
Lft1efCh