Machine Learning & Quant Finance

Share this post

Data Cartels and Monopolistic Pressures

blog.ml-quant.com

Data Cartels and Monopolistic Pressures

Data Cartels: Artificial Intelligence Information Heists IX

DS
Jan 6, 2021
∙ Paid
2
Share this post

Data Cartels and Monopolistic Pressures

blog.ml-quant.com
Share

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…

Keep reading with a 7-day free trial

Subscribe to

Machine Learning & Quant Finance
to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 Derek Snow
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing