New Report: Mozilla and Open Markets warn about big tech monopolising AI
Emphasising a collaborative international approach, it argues that maintaining competition will enhance innovation and transparency, urging immediate action to safeguard AI’s future for the broader public interest.
The Open Markets Institute and Mozilla just published the ‘Stopping Big Tech from Becoming Big AI’ report, that urges global regulators to combat the monopolisation of the AI industry by a few dominant tech giants.
Second, the report mentions monopolistic risks, through tactics such as exclusive partnerships and control over computing power that allow dominant firms to consolidate power, restricting competition and innovation. Despite often being unseen by consumers, these practices could centralise AI development and inhibit market diversity. As an action point, the authors call on governments to act swiftly using existing regulatory tools, such as blocking mergers and enforcing ex-ante competition policies, to dismantle these barriers and impose fair access rules on essential AI resources.
Finally, international cooperation is one of the key points, particularly the importance of recognising the global nature of AI development. Authors warn against repeating past mistakes of digital market dominance, emphasising the need for a unified approach to AI regulation. Through fostering competition, the report asserts that AI can deliver broader societal benefits, prioritising innovation and privacy over profit maximisation and surveillance.
Why does it matter?
The global community sees the current moment as a pivotal chance to shape AI’s future for the collective good, urging immediate regulatory intervention. Echoing this approach, this report aims to ensure that AI remains a competitive field characterised by transparency and fairness, safeguarding a digital economy that benefits all stakeholders equally.