US, UK, and EU finally come together to prevent AI monopoly (catastrophic market failure, not the game)

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Jacob got his hands on a gaming PC for the first time when he was about 12 years old. He swiftly realised the local PC repair store had ripped him off with his build and vowed never to let another soul build his rig again. With this vow, Jacob the hardware junkie was born.

As we've continued developing AI to boldly go where nobody has gone before and where many of us never wanted to go in the first place, we regular folk have had plenty of concerns. Whether it's the potential for AI job takeovers or deepfake misinformation, there's plenty to worry about. However, one concern that's not been discussed so much is the risk of an AI monopoly.

However, and as I argued when reporting on Keller's statement, monopolies rarely remain thus. And if we throw in some pro-competitive aid such as this international statement signifies? Well, things might just turn out okay after all. The answer, I think, is a little yes and a little no. Yes, the risk of monopoly and the way it might manifest is the same as ever, but with AI the problem could occur much quicker and on a much larger scale. At least, so we're supposed to believe if we buy into all the talk of the"next industrial revolution."

 

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