German Cartel Chief Warns AI Could Strengthen Big Tech's Grip
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Andreas Mundt, head of Germany's cartel office, warns AI may boost Big Tech's market power and anti-competitive behavior.
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Mundt says AI may benefit tech giants like Google and Microsoft who have vast data troves and computing power.
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EU is trying to adopt landmark AI rules by the end of 2022 to impose controls on the technology.
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Mundt says regulators must ensure the AI field remains competitive and is not dominated by a few large companies.
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Mundt says smaller providers' AI models could also become popular like a new platform, so regulators must watch for any anti-competitive behavior.
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