The FTC sets its sights on the AIs of OpenAI, Microsoft, Google, and other companies

The FTC, one of the most important anti-monopoly regulatory bodies on the planet, is considering taking legal action against AI’s. The reason: the risk that Artificial Intelligences from companies like OpenAI, Google, Microsoft, Amazon, and Anthropic are posing to quickly take over the market.

Taking into account that the FTC takes very seriously each of the lawsuits it gets involved in, these big companies could encounter a strong obstacle in their accelerated race to lead the generative Artificial Intelligence market, one of the segments that has developed most rapidly in the last year.

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Indications of unfair competition

Taking into account that these companies are some of the richest and most powerful on the planet, the FTC has released a press release announcing that it has started to investigate this market segment to find out if there are dangerous indications for the labor market, as well as practices of unfair competition in the provision of Artificial Intelligence services.

The FTC is concerned, in fact, that these unfair practices will ultimately “undermine creativity and innovation” in an illicit benefit for these big companies. Therefore, within a 45-day period, the companies Alphabet, Amazon, Microsoft, OpenAi, Anthropic, and Google will be able to offer their collaboration in this investigation to demonstrate that the FTC’s suspicions are unfounded or unreal.

Faster progress than the system

The meteoric advance of Artificial Intelligence since mid-2022 is generating profound changes in the labor fabric worldwide. Jobs in Artificial Intelligence have multiplied, while other sectors such as arts, journalism, or computing are seeing their positions threatened by systems that offer high productivity with inferior but often practical enough results to destroy jobs.

For that reason, Artificial Intelligence is finding a boundless wasteland of possibilities in a segment that lacks regulation because, simply, it is progressing so fast that regulation cannot keep up. It is possible that, in the future, AI’s will be more constrained by laws that protect the market and employees, but currently, few entities have taken the path of the FTC to fence in the practices of these big companies.

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Author: Daniel García

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