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Market Tracker is delighted to introduce its new series, Market Tracker Insights, which features reports on market developments enhanced by data from the Market Tracker corporate database and expert market commentary. In this report, Market Tracker explores the use of artificial intelligence (AI) oversight in the workplace.

The exponential development of artificial intelligence is becoming difficult to ignore. Since Market Tracker explored the market impact and intellectual property risks of generative AI tools (see: ChatGPT–user beware), OpenAI has GPT-4 (its latest iteration in its series of GPT foundation models), Elon Musk and other notable tech giants have signed an ‘to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4’, and the UK government has released its white paper on safe and responsible innovation in AI. This report discusses the Trade Union Congress’s (TUC) most recent conference on the uses of AI at work, which explored the right to ‘explainability’ and the role of trade unions to regulate the effects of AI. It features expert commentary from Eilidh Wood (Burges Salmon), Binder Bansel (Pennington Manches Cooper) and David Hopper (Lewis Silkin), to analyse the findings from the conference and to provide market insight on how regulatory gaps are likely to be filled in this space.