Credit: Anusorn/Adobe Stock Is Big Tech's Cloud Dominance Scary or Impressive?
"We want to make sure at the FTC we're fully understanding what are the factors that are leading the market to be so concentrated in the hands of a few companies, and what are the downstream risks that might stem from that," FTC Chair Lina Khan said at a panel discussion the agency held Thursday.
May 12, 2023 at 06:58 AM
5 minute read
Technology Media and Telecom
What You Need to Know
- There is a fine line between anti-competitive conduct and customers simply gravitating toward the big three cloud providers.
- One reason for concern is that once a company picks a cloud provider, it is difficult to unwind that relationship.
- Some experts fear that investments by cloud giants in machine-learning startups will stifle innovation.
The machine learning revolution has produced hundreds of artificial intelligence startups, but experts warn that putting all the power in the hands of a few big cloud providers to host their data will be terrible for society and the economy.
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