FTC Chair Lina Khan Vows to Protect Competition in AI Market

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FTC Chair Lina Khan said her agency would protect competition in the nascent market for artificial-intelligence tools, warning that big-tech companies could “start to panic” and try to block new entrants through unlawful tactics

WASHINGTON—FTC Chair Lina Khan on Monday said her agency would protect competition in the nascent market for artificial-intelligence tools, warning that big-tech companies could “start to panic” and try to block new entrants through unlawful tactics.

Speaking at an antitrust conference, Ms. Khan said the Federal Trade Commission would be watching to ensure

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If you’re a Fortunr 500 company in America, regulatory capture is the number one job. That’s why companies like GE and MSFT just BUY companies yet pretend to innovate. They see a market they can wreck with Govt regs and buy their way in.

Well shit. There goes all our jobs, the FTC is protecting our robot overlord replacements

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