Data Cartels and Monopolistic Pressures

Data Cartels: Artificial Intelligence Information Heists IX

The ‘democratisation’ of AI models and competitive data pooling creates invisible monopolies. Larger companies are better positioned to take advantage of the supposed ‘democratisation’ of AI because they generally act as data gatekeepers. Data alliances are not always made public. Firms can, as a result, conspire to form data cartels. As a consequence o…