AI boom may not have positive outcome, warns UK competition watchdog

Risks include high prices as well as proliferation of false information, fraud and fake reviews, says CMA

People should not assume a positive outcome from the artificial intelligence boom, the UK's competition watchdog has warned, citing risks including a proliferation of false information, fraud and fake reviews as well as high prices for using the technology.

The Competition and Markets Authority said people and businesses could benefit from a new generation of AI systems but dominance by entrenched players and flouting of consumer protection law posed a number of potential threats.