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How Tech Monopolies Shape AI Policy and Guard Their Thrones

Peek Beneath the Skin of the Markets Nov 26, 2023

The unfolding landscape of A.I. and the hidden threat that might be flying under your radar. In this video, we delve into the realm of A.I. with a focus on public interest and the looming menace of monopolies. Imagine a scenario where only a few major players—Amazon, Apple, Google, Meta, and Microsoft—hold the reins of control over everything. Join us as we dissect their partnerships, investments, and a slew of acquisitions, revealing a strategy of acquiring potential competitors or forming alliances that ultimately grant them dominance. Witness how these entities collaborate to fortify their monopolies, drawing parallels to the tactics employed in industries like pharmaceuticals and media. Stay informed about the intricate web these tech giants are weaving and gain insights into the broader implications for the future of A.I. and innovation. #AI #MonopolyThreat #TechGiants

CHAPTERS:

0:00 Monopolies
1:40 AI In The Public
4:01 Deep Pockets
5:05 Meta Enables Amazon
5:48 Competition Is Bad
8:50 Market Cap vs GDP’s
11:10 Top Lobby Spenders
14:33 Get Your Strategy

SLIDES FROM VIDEO:

SOURCES:

Report | AI in the Public Interest: Confronting the Monopoly Threat — Open Markets Institute

OMI+AI+Report+WEB.pdf (squarespace.com)

https://www.pymnts.com/news/social-commerce/2023/meta-enables-amazon-shopping-within-facebook-and-instagram/

https://www.cnbc.com/2023/11/14/apple-gets-36percent-of-google-search-revenue-from-safari-alphabet-witness.html#:~:text=Google%20pays%20Apple%2036%25%20of,and%20the%20Department%20of%20Justice.

https://www.bloomberg.com/news/articles/2023-11-06/google-play-s-bribe-and-block-tactic-hurt-rivals-epic-says?sref=rWFqAg1Y

https://www.bloomberg.com/news/articles/2023-11-14/for-google-play-dominating-the-android-world-was-existential?sref=rWFqAg1Y

https://www.cnbc.com/2022/03/30/how-google-and-amazon-bankrolled-a-grassroots-activist-group-of-small-business-owners-to-lobby-against-big-tech-oversight.html

https://www.visualcapitalist.com/the-tech-giants-worth-compared-economies-countries/

Who wins in the battle between nation states and Big Tech? (ft.com)

https://corporateeurope.org/en/2023/09/lobbying-power-amazon-google-and-co-continues-grow

https://corporateeurope.org/en/2021/08/lobby-network-big-techs-web-influence-eu

https://www.chartr.co/stories/2022-07-12-2-lobbying-big-tech-big-spenders

https://www.cnbc.com/2023/01/23/apple-ramped-up-lobbying-spending-in-2022-outpacing-tech-peers.html

https://inside.com/campaigns/inside-metaverse-2023-10-30-40460/sections/lobbying-expenses-of-leading-internet-companies-in-the-u-in-1st-half-of-2023-399278

https://www.cnbc.com/2022/12/07/google-oracle-amazon-and-microsoft-awarded-9-billion-pentagon-cloud-deals.html

Thumbnail Photo We believe that everyone deserves a properly developed strategy for financial safety.

Lynette Zang

Chief Market Analyst, ITM Trading

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