At a time when antitrust authorities are already growing concerned about Big Tech’s market power, the industry’s dominant players are now deploying artificial-intelligence models to reinforce their position. To ensure that these powerful new technologies serve everyone, policymakers must set some basic rules of the road.
CAMBRIDGE – Artificial intelligence is moving fast. People are using generative AI and large language models (LLMs) to build new services and perform existing tasks, and the underlying technology itself is advancing quickly. As the Nobel laureate economist Michael Spence observes, this wave of adoption could well yield significant productivity gains, after almost two decades of lackluster growth. Every day brings news like Google’s recent announcement that its AI has helped American Airlines reduce contrails by 54%, reducing each flight’s climate footprint.
CAMBRIDGE – Artificial intelligence is moving fast. People are using generative AI and large language models (LLMs) to build new services and perform existing tasks, and the underlying technology itself is advancing quickly. As the Nobel laureate economist Michael Spence observes, this wave of adoption could well yield significant productivity gains, after almost two decades of lackluster growth. Every day brings news like Google’s recent announcement that its AI has helped American Airlines reduce contrails by 54%, reducing each flight’s climate footprint.