G7 considers antitrust measures in AI sector
Antitrust agencies of the G7 countries are considering applying competition measures in the artificial intelligence sector
Given the fear that the use of artificial intelligence will help to share sensitive information inappropriately, the G7 antitrust agencies are considering applying control measures. These measures would be aimed at “protecting competition in the artificial intelligence sector and addressing risks before they become “entrenched or irreversible.”
The possible application of measures in this field was announced on the 4th at the end of a two-day summit in Rome. The G7 antitrust agencies indicated that they “want to reduce competitive bottlenecks that hinder the entry of new entrants into the AI sector compared to established companies, which are often the first to access generative AI tools, data and specialized chips.”
The goal is to prevent AI from being used to facilitate “collusion” between companies in the sector, as this could lead to “price controls, sharing information that is sensitive from a competitive point of view or creating a monopoly.”
Representatives from the United States, the United Kingdom, Japan, Canada, France, Germany and Italy also seek to prevent AI from being used against copyright, consumer protection, privacy and data protection.
“Generative AI systems could harm content creators and innovators, leaving them with insufficient compensation for their work and stifling human creativity and innovation,” they said in the statement.
They stressed that measures are needed to ensure that this technology does not violate consumer rights through the spread of “false or misleading information is essential to maintaining consumer trust and promoting a healthy competitive environment.”
In this regard, each nation must establish special laws for the regulation of AI. They have referred to “guiding principles to ensure that AI markets are open and fair, including fair competition, fair access and opportunity, choice, interoperability, innovation, transparency and accountability.”
They also support open technical standards that would foster innovation, reduce the concentration of market power and minimize risks to consumers and businesses.
M.Pino
Source: cointelegraph
(Reference image source: Igor Omilaev in Unsplash)
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