AI concentrating more power in Big Tech's hands, NYU researchers warn

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The rise of artificial intelligence is entrenching more economic and political power in the hands of Big Tech companies, according to researchers at New York University.

Independent journalist Glenn Greenwald breaks down the perils of beltway punditry and discusses President Biden accusing Google of illegally monopolizing the online ad market.is entrenching more economic and political power in the hands of Big Tech companies, according to researchers at New York University who argue AI must undergo more scrutiny and regulation.

In this photo illustration, a Google Bard AI logo is displayed on a smartphone with a Chat GPT logo in the background. "It's time for regulators, and the public, to ensure that there is nothing about artificial intelligence that we need to accept as given," AI Now writes."This watershed moment must also swiftly give way to action: to galvanize the considerable energy that has already accumulated over several years towards developing meaningful checks on the trajectory of AI technologies. This must start with confronting the concentration of power in the tech industry.

"I think we should be cautious with AI, and I think there should be some government oversight because it is a danger to the public," said Musk."AI is more dangerous than, say, mismanaged aircraft design or production maintenance or bad car production … it has the potential, however small one may regard that probability, but it is non-trivial, it has the potential of civilization destruction.

 

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