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US Investigates AI Monopoly Risks, Potential Impacts

The US Antitrust Authority is investigating the AI sector to curb potential monopolistic risks posed by a few tech giants. This scrutiny will focus on the control over computational power and data for training large language models (LLMs).

Jonathan Kanter highlighted concerns over GPU shortages essential for AI development. Government initiatives, including a $39 billion subsidy from 2022, aim to boost GPU production. Janet Adams of SingularityNET suggested decentralizing AI development using blockchain to prevent monopolization.

These measures are crucial as AI’s dominance could impact the crypto market, driving up GPU costs for miners. Decentralized AI could also unlock new blockchain opportunities. Investigating the AI sector is vital for fostering innovation and maintaining fair competition.

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