Whether you’re building a startup in the AI space or not, you’re probably painfully aware of the gigantic tech companies that dominate the industry — and the rapid consolidation that’s been happening. Oregon’s senior Senator Ron Wyden certainly has. And he’s concerned. So he’d like the Biden Administration to help mitigate it.
U.S. Senators Ron Wyden, D-Ore., Peter Welch, D-Vt., and Elizabeth Warren, D-Mass., urged Federal Trade Commission (FTC) Chair Lina Khan and Department of Justice (DOJ) Assistant Attorney General Jonathan Kanter to crack down on the massive consolidation of emerging generative artificial intelligence (AI) by tech giants such as Amazon, Microsoft, and Google. Massive consolidation stifles innovation or eliminates potential competitors, limits consumers’ ability to choose a variety of products, and puts America’s national security at risk.
To read the entire letter, visit “Wyden, Welch, Warren Urge Biden Administration to Crack Down on Big Tech for Massive AI Consolidation.”
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