US antitrust chief to scrutinize AI sector for monopoly risks

U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies.

United States antitrust enforcer Jonathan Kanter will investigate the nation’s artificial intelligence (AI) sector in response to concerns about a few companies holding too much control.

In a Financial Times report, Kanter said he was examining AI’s competitive landscape and “monopoly choke points.” This includes computing power, data used to train large language models (LLMs), cloud service providers, engineering talent and hardware.

According to Kanter, the AI sector must urgently act to ensure that the already dominant technology firms do not have sole market control. The official said regulators are concerned that AI is “at the high-water mark of competition, not the floor.”

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U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies.
United States antitrust enforcer Jonathan Kanter will investigate the nation’s artificial intelligence (AI) sector in response to concerns about a few companies holding too much control.In a Financial Times report, Kanter said he was examining AI’s competitive landscape and “monopoly choke points.” This includes computing power, data used to train large language models (LLMs), cloud service providers, engineering talent and hardware. According to Kanter, the AI sector must urgently act to ensure that the already dominant technology firms do not have sole market control. The official said regulators are concerned that AI is “at the high-water mark of competition, not the floor.”Read more