Does AI Have a Capital Concentration Problem?
The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis
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Exploring AI's Capital Concentration and Market Distortion
This chapter explores the 'Uber problem' in AI, examining how concentrated capital among a few investors can distort markets and stifle competition. It critiques the venture capital model, drawing parallels with the ride-hailing industry to highlight its effects on monopolistic practices and business sustainability.
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