Tech Giants' AI Dominance Raises Competition Concerns
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Big tech companies like Amazon, Google, Facebook, and Microsoft dominate the AI industry and are becoming more vertically integrated. This allows them to potentially stifle competition.
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Concentration of power in the cloud infrastructure and foundation model layers is especially concerning, as the high costs create barriers to entry.
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We can look to historical examples of regulating utilities and banks to craft rules around structural separation, nondiscrimination, and licensing for tech companies.
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A public option for cloud computing could promote competition and provide an alternative for those not driven by profits.
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Lawmakers have tools at their disposal to regulate the AI industry, the question is whether they will choose to do so.