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Head of German antitrust agency: Artificial intelligence may strengthen the dominance of large companies
Head of German antitrust agency: Artificial intelligence may strengthen the dominance of large companies
Andreas Mundt, the head of Germany’s antitrust office, recently warned that artificial intelligence could further strengthen the dominance of big technology companies in the market, and regulatory Agencies should pay close attention to any anti-competitive behavior
Mont’s comments show widespread concern among regulators that technology giants with large amounts of user data may use artificial intelligence in everything from smart homes to web searches to online advertising to automobiles technology to gain a competitive advantage
Recently, Google and Microsoft have launched a fierce competition in the field of artificial intelligence. Microsoft has invested heavily in artificial intelligence startup OpenAI, while Google has developed the Bard AI chatbot
The popularity of artificial intelligence has prompted regulators around the world to try to introduce policies on how the technology is used. The European Union plans to adopt landmark artificial intelligence regulatory rules by the end of this year.
Mont said in a recent interview, "For us as a competition regulator, the importance of this new technology is that it does not further strengthen the dominance of big companies."
He Said, "The danger is very high, because artificial intelligence needs two things most - powerful servers and a lot of data. Large Internet companies have both."
Mont said regulators need to ensure that the field of artificial intelligence remains Open status. He added, "However, it's also possible that models from smaller vendors become so popular that they move towards an operating system, a new platform," he said. "Both directions of development are possible, and as regulators we must be careful not to bury any competitive potential from the outset."
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