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The article discusses the concerns raised by Nobel Prize-winning economist Joseph Stiglitz regarding competition and regulation in the era of artificial intelligence. Stiglitz draws parallels between the current discussions on AI competition and the dotcom era policies that led to the dominance of a few tech giants in the 1990s.
Stiglitz highlights the debate around AI industry domination by a small group of firms, with the argument that access to more information gives a competitive advantage leading to a natural monopoly. The competitive landscape in AI is seen as a significant challenge according to this perspective.
capitalbrief 14month
Centre for International Governance Innovation 15month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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