German Regulators Issue Warning on Big Tech’s Potential Expansion Through AI
FRANKFURT: The head of Germany’s antitrust office has warned that artificial intelligence could increase Big Tech’s market power and regulators should monitor any anti-competitive behaviour. Andreas Mundt’s comments highlight regulatory concerns that tech giants can use vast amounts of user data to gain a competitive edge in new technology used in smart homes, online search, online advertising, cars and many other products and services. Alphabet’s Google and Microsoft have recently become rivals in artificial intelligence, with the latter investing heavily in OpenAI and the former building, among other things, the…
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