IHIP News Trump Gets Dire Warning Over the Future of AI, He's Owned By Tech Billionaires
Dec 14, 2025
Jonathan Kanter, former Assistant Attorney General for the Antitrust Division and current law professor, dives into the alarming state of American business monopolies. He draws parallels between today's tech giants and Gilded Age oligarchs, highlighting the need for stronger antitrust enforcement. Kanter warns of a regulatory 'Wild West' regarding AI and discusses how algorithms mold public perception and discourse. He emphasizes the importance of protecting children from harmful AI and calls for better-resourced agencies to tackle modern tech challenges.
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Modern Oligarchs Resemble Old Trusts
- Jonathan Kanter warns that today's tech oligarchs echo early 20th-century monopolists and control vast parts of the economy.
- He highlights tangled investments between OpenAI, NVIDIA, Microsoft, Google, Amazon, and others as a modern trust problem.
Rebuild Antitrust Enforcement Now
- Jonathan Kanter says antitrust enforcement must be active and well-resourced to challenge dominant firms via DOJ lawsuits and state actions.
- He warns that without federal leadership, states and private plaintiffs will be left under-resourced to confront monopolies.
State Preemption Would Leave A Wild West
- Kanter frames Trump's proposed limits on state AI regulation as a handout to big tech that would block state-level action.
- He stresses the federal gridlock leaves no national rules while states are the only realistic avenue for regulation now.