How AI is Becoming the New Global Monopoly

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How Tech Giant Are Monopolizing AI
In 2024, tech giants have been strategically acquiring talent and technology from AI startups without formal acquisitions. Companies like Google, Amazon, and Microsoft have made deals with startups such as Character.AI, Adept, and Inflection. These agreements allow the corporations to access key personnel and AI innovations without the regulatory hurdles that typically accompany full acquisitions. For instance, Google gained Character.AI’s co-founder, while Amazon licensed Adept’s technology and hired its AI researchers. Microsoft similarly secured a deal with Inflection. While these pseudo-acquisitions help tech giants dominate the AI market, they raise concerns about competition and innovation. Regulators are beginning to investigate these moves, questioning their impact on the broader tech landscape. These partnerships highlight the evolving nature of acquisitions in the AI industry, with potential long-term effects on both startups and the labor market.

CHAPTERS:
0:00 How Tech Giants Are Monopolizing AI
0:43 Theft of Technology
1:30 Character.AI vs Google
2:46 Amazon vs Adept AI
3:43 Microsoft vs Inflection
5:45 Labor Market & Regulators

Produced by: Samantha Harvey
Edited by: Jacob Smith
Animation: Charlotte Brown
Additional Footage: Getty Images

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3 years later: Google, Microsoft and Amazon layoffs 20k AI engineers as profit plummets

QueLocoTVOficial
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The script used in this video sounds suspiciously written by AI

RNCHFND
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It’s Acme. All tech will just merge to become “Acme” one day. Roadrunner was ahead of his time.

stchaltin
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AI will mostly benefit businesses. Not employees or customers.

GuestYouTubeUser
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I invested in decentralized AI training & inference. There's legit cause for everyone to participate to make this open.
Imagine the internet being closed and only ruled by a few companies..

ImBananas
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AI will take jobs. From Uber drivers to customer service jobs. If I owned a company, I’ll used AI to cut expenses.

GuestYouTubeUser
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Eventually we’ll retreat to natural exchange and offline deals. Web is owned

AndyWarhole-wq