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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
A "capital-fueled AI land grab" by a handful of big VC & tech companies is causing "premature market concentration" in genAI, akin to what happened with Uber, says @timoreilly. Do you agree? https://t.co/cU2KrG5rB2 https://t.co/Yi5GrtlukF
The AI boom has been great for startups—but has it been equally beneficial for early-stage VCs that now have to fight off big tech and multi-stage funds for investments? Read more in this morning's AI Agenda: https://t.co/31FAIHB2Lj
>>And yet, just a few years into the AI era, we are allowing the narrative to be hijacked by investors, tech journalism fluffers, and an entire hype engine, to set up a paradigm and frame that "only the biggest XYZ" can win. This entire landscape is built on human ecologies that… https://t.co/JnmzarfkMp
The AI industry is facing concerns over market concentration and dominance by overfunded companies like OpenAI. Investors are debating the impact on competition and alternative business models, with warnings that monopoly profits may be the only way to see returns. The narrative around AI is criticized for being driven by a few large investors and tech journalism, leading to a landscape where only the biggest players are perceived to succeed, similar to the Uber situation in the past.
