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
https://techcrunch.com/2024/04/11/cma-genai-gamma-warning/
4 Comments
pdxfed@lemmy.world · 3 pts · 2y
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 · 1 pts · 2y
The finance industry be shaking in their boots. They know when the machines take over labour, they screwed.
pdxfed@lemmy.world · 1 pts · 2y
Sure, Goldman Sachs just announced they're reducing new grad hires by 75%
elshandra@lemmy.world · 1 pts · 2y
Sounds great right?
What Goldman does, others do.
What happens when everyone reduces their new grad hires by 25%?