This working paper examines multimodal foundation models (MFMs), a type of generative artificial intelligence (AI) that can process and output multiple data types, such as text, images and audio. It discusses some of the implications of this technology for consumer protection, competition, the media and information environment, privacy, and online safety within the digital platform...

This literature summary is the first output of Digital Platform Regulators Forum (DP-REG)’s joint work in exploring relevant digital platform technologies and their regulatory implications. Each DP-REG member is also separately considering more specific harms stemming from AI relevant to their respective mandates.

This working paper considers the benefits, risks and harms of large language models and how the technology intersects with the regulatory remit of each member.