“Will this be a moment of opening up markets to fair and free competition, unleashing the full potential of emerging technologies? Or will a handful of dominant firms concentrate control over these key tools locking us into a future of their choosing?” Federal Trade Commission Chair Lina Khan said Thursday.
January 26, 2024 at 06:52 AM
4 minute read
Dominant tech firms have the advantage when it comes to the data, chips and cloud computing infrastructure necessary to compete on the artificial intelligence playing field. But antitrust authorities are determined to level it.
Speaking at a summit hosted by the Federal Trade Commission’s technology office Thursday, Chair Lina Khan framed the fight for fair competition in AI as an existential one, pitting the biggest tech companies against the regulators holding them at bay.
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Federal Trade Commission Chair Lina Khan. Photo: Ting Shen/Bloomberg
