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Comment: AI industry's calls for regulation fail to strike chord with skeptical US antitrust enforcers

By Chris May and Khushita Vasant ( November 22, 2023, 17:30 GMT | Comment) -- The AI industry’s ostensible appetite for regulation is receiving raised eyebrows from top US antitrust enforcers who have pledged to act sooner rather than later to clamp down on anticompetitive conduct such as monopoly maintenance and leveraging of market power by tech companies. The White House has pledged more oversight of companies creating AI foundation models, and US President Joe Biden’s top antitrust officials are keen to not repeat perceived errors that, for instance, allowed Google to turn into a multi-billion dollar Internet search and advertising behemoth that leaves little room for competitors to survive and thrive.The AI industry’s ostensible appetite for regulation is receiving raised eyebrows from top US antitrust enforcers who have pledged to act sooner rather than later to clamp down on anticompetitive conduct such as monopoly maintenance and leveraging of market power by tech companies. ...

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