It's Good That Competition In the AI Space Is Brutal

In an era of anxiety about unchecked corporate power, artificial intelligence can seem like the most terrifying example of all. Already valued in the trillions of dollars, the industry has unparalleled influence over our collective futures, and the government’s doing nothing to rein it in. If that’s not akin to monopoly power, what is? Yet the real story of the most consequential technology of our time is strikingly different from what it seems. Instead of consolidating, as so many other industries have done, the leading edge of A.I. has become fiercely competitive. The result has been a staggering pace of innovation, significant reductions in costs and an expanding array of choices for consumers and businesses alike. Read Full Article »