The UK’s competition watchdog, the CMA, has sounded a warning over Big Tech’s grip on the advanced AI market, with CEO Sarah Cardell expressing “real concerns” over how the sector is developing.
UK's antitrust enforcer sounds the alarm over Big Tech's grip on GenAI
Submitted 5 months ago by BrikoX@lemmy.zip to technology@lemmy.zip
https://techcrunch.com/2024/04/11/cma-genai-gamma-warning/
pdxfed@lemmy.world 5 months ago
Lol, do they have any thoughts on their finance industry? Almost like a cutthroat, zero-sum, profit ahead of everything isn’t a healthy basis? Pretending it’s new is disingenuous, but maybe they feel they at least have a chance to affect this having given up on other more developed industries?
elshandra@lemmy.world 5 months ago
The finance industry be shaking in their boots. They know when the machines take over labour, they screwed.
pdxfed@lemmy.world 5 months ago
Sure, Goldman Sachs just announced they’re reducing new grad hires by 75%