MIT Technology Review April 18, 2023
If regulators don’t act now, the generative AI boom will concentrate Big Tech’s power even further. That’s the central argument of a new report from research institute AI Now. And it makes sense. To understand why, consider that the current AI boom depends on two things: large amounts of data, and enough computing power to process it.
Both of these resources are only really available to big companies. And although some of the most exciting applications, such as OpenAI’s chatbot ChatGPT and Stability.AI’s image-generation AI Stable Diffusion, are created by startups, they rely on deals with Big Tech that gives them access to its vast data and computing resources.
“A couple of big...
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