The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry. Here at Humaina we have always been very vocal when it comes to Data Privacy and consumer rights and we see this a positive step in the right direction. However, we believe this is just a small band aid to address the growing concerns from the public with regards to how the data we generate using common productivity tools is being unapologetically used to train closed-source AI models for companies that are on a cult-like mission to build AGI (artifical general intelligence). If you refuse to agree to the updated T&C's and share your ideas, business plan, designs, customer's data with these platforms, you lose your access; meaning all the work you have stored on their servers and the network of clients and suppliers you have built over years. This investigation conducted by the US federal government is not likely to yield any measurable results, because those bodies rely on Big Tech to act as their advisors and fund them via lobbying. With the help of experienced consultants who understand the latest AI tools as well as the regulatory landscape you can optimize your business processes whilst staying true to your values and remaining fully in control of your data and AI safety. Contact us for an informal chat.
Founder & CEO of KYield. Pioneer in Artificial Intelligence, Data Physics and Knowledge Engineering.
Big news from the NYT this morning -- the AG will lead an antitrust investigation into the AI market with a focus on Microsoft, OpenAI and Nvidia. Although Nvidia may be a surprise to some, it would be difficult to investigate the AI market without also investigating Nvidia, with particular interest on supply of chips. If for example companies have been acquiring large amounts of specialty chips like H100 GPUs to prevent competition rather than for generating revenue, then that could be a prosecutable behavior. It's recently been reported that Microsoft is the largest customer of Nvidia, and Nvidia's CFO said that about 45% of their datacenter business is from Big Techs. Since Big Techs have more money than anyone else, much of which comes from monopolies, if they are using that market power to prevent competition, whether by attempting to buy all the chips, specialty talent, or startups, then that's clearly anticompetitive behavior and probably illegal. There is also no question in my mind and many others that's precisely what's been occurring for many years now. I think it's probably good news that the AG Antitrust Division is leading the investigation as they have a better track record than the FTC. The real question is how much the presidential election year is influencing this. I don't have enough evidence to comment on that other than to say I think the Big Tech antitrust issue is bipartisan, and appears to be becoming a much larger concern across society, industries, and countries.
