The AI Arms Race: Tech Execs Concerned about Big Tech's Growing Power
Tech executives are expressing concerns over the concentration of artificial intelligence (AI) development in the hands of a few big tech companies, giving them excessive power and control over the technology. They argue that the current AI landscape is driven by profit and shareholder returns, leading to socially consequential decisions. The executives also highlight the loss of user control over data and the potential for AI to exacerbate the influence of tech giants. However, some believe that open-source models could disrupt the current AI landscape by allowing the development of competing applications without the need for massive resources.