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Regulators must grapple with tech giants' use of AI to 'capture' knowledge, Graphcore CEO warns

By Frank Hersey ( November 8, 2024, 13:25 GMT | Insight) -- Big companies that that use artificial intelligence to divert wealth to asset owners and away from workers need to be a focus for regulators and may even have to be broken up, the head of UK semiconductor company Graphcore told a conference today. AI will allow tech giants to "capture" corporate knowledge that will give them enormous power, he said.Regulators have to look ahead to how big companies are going to use artificial intelligence to amass corporate knowledge, leading to distortions in wealth distribution, the chief executive of British chip designer Graphcore has warned....

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