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
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
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: