The UK’s competition watchdog, the CMA, has sounded a warning over Big Tech’s grip on the advanced AI market, with CEO Sarah Cardell expressing “real concerns” over how the sector is developing.

  • @pdxfed
    link
    English
    36 months ago

    Lol, do they have any thoughts on their finance industry? Almost like a cutthroat, zero-sum, profit ahead of everything isn’t a healthy basis? Pretending it’s new is disingenuous, but maybe they feel they at least have a chance to affect this having given up on other more developed industries?

    • @elshandra
      link
      English
      16 months ago

      The finance industry be shaking in their boots. They know when the machines take over labour, they screwed.

      • @pdxfed
        link
        English
        16 months ago

        Sure, Goldman Sachs just announced they’re reducing new grad hires by 75%

        • @elshandra
          link
          English
          16 months ago

          Sounds great right?

          What Goldman does, others do.

          What happens when everyone reduces their new grad hires by 25%?