The Wall Street Journal reported last week that OpenAI’s chief executive Sam Altman would seek up to $7tn in funding to reshape the global semiconductor industry to power artificial intelligence. The fact that one company could pitch a funding target larger than the gross domestic product of Japan and not be laughed out of the room is yet another sign of generative AI’s intense market concentration.
From the promise of medical breakthroughs to the perils of election interference, the hopes of helpful climate research to the challenge of cracking fundamental physics, AI is too important to be monopolised.
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