The rapid rollout of generative AI models, and public attention to Open AI’s ChatGPT, has raised concerns about AI’s impact on the economy and society. In the UK, policy-makers are looking to large language models and other so-called foundation models as ways to potentially improve economic productivity. This policy brief outlines which policy levers could...

This policy brief offers a clear explanation of the core concepts of cryptocurrencies, blockchain, web3, non-fungible tokens (NFTs) and the metaverse, and the policy implications.