Antitrust May Smother the Power of AI
Reason magazine|June 2024
Left alone, AI could actually help small firms compete with tech giants.
By Patrick Hedger
Antitrust May Smother the Power of AI

POPULISM CONTINUES TO blur political lines. Nowhere is that more apparent than in antitrust policy. For decades, conservatives largely held the line against left-wing antitrust hawks who see “monopolies” everywhere. But their mistrust of Big Tech’s political biases has caused the populist right to get more comfortable about unleashing antitrust. Odd alliances have formed with Republican senators openly praising some of the most progressive members of the Biden administration occupying high offices at the Federal Trade Commission (FTC) and Department of Justice. Adding a new wrinkle to this phenomenon is the dawn of the AI Age. We are seeing an ironic merger of panics.

What many see as a dystopian technological frontier with AI is just history repeating itself. New technology often disrupts dominant industries and firms in ways even the harshest antitrust remedies can’t match. AI should be no different, but bipartisan antitrust zeal may score a pyrrhic victory and halt this historical cycle.

Denne historien er fra June 2024-utgaven av Reason magazine.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra June 2024-utgaven av Reason magazine.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA REASON MAGAZINESe alt
Libertarianism From the Ground Up
Reason magazine

Libertarianism From the Ground Up

ARGUMENTS FOR LIBERTARIANISM typically take two forms. Some libertarians base their creed on natural rights-the idea that each individual has an inborn right to self-ownership, or freedom from aggression, or whatever-and proceed to argue that only a libertarian political regime is compatible with those rights.

time-read
5 mins  |
January 2025
Lawlessness and Liberalism
Reason magazine

Lawlessness and Liberalism

THE UNITED STATES is notorious both for mass incarceration and for militarized police forces.

time-read
5 mins  |
January 2025
Politics Without Journalism
Reason magazine

Politics Without Journalism

THE 2024 CAMPAIGN WAS A WATERSHED MOMENT FOR THE WAY WE PROCESS PUBLIC AFFAIRS.

time-read
10+ mins  |
January 2025
EVERY BODY HATES PRICES
Reason magazine

EVERY BODY HATES PRICES

BUT THEY HELP US DECIDE BETWEEN BOURBON AND BACONATORS.

time-read
10+ mins  |
January 2025
The Great American City Upon a Hill Is Always Under Construction
Reason magazine

The Great American City Upon a Hill Is Always Under Construction

AMERICA'S UTOPIAN DREAMS LEAD TO URBAN EXPERIMENTATION.

time-read
10 mins  |
January 2025
Amanda Knox Tells Her Own Story
Reason magazine

Amanda Knox Tells Her Own Story

\"OUR CRIMINAL JUSTICE SYSTEM RELIES UPON OUR OWN IGNORANCE AND THE FACT THAT WE DON'T KNOW WHAT OUR RIGHTS ARE.\"

time-read
10+ mins  |
January 2025
Trade Policy Amnesia
Reason magazine

Trade Policy Amnesia

WHILE HE WAS interviewing for the job, President Joe Biden demonstrated an acute awareness of how tariffs work. It's worrisome that he seems to have forgotten that or, worse, chosen to ignore it-since he's been president.

time-read
2 mins  |
January 2025
Civil Liberties Lost Under COVID
Reason magazine

Civil Liberties Lost Under COVID

WHEN JOE BIDEN was sworn in as president in January 2021, he had good reason to be optimistic about the trajectory of the COVID-19 pandemic.

time-read
2 mins  |
January 2025
Bye, Joe
Reason magazine

Bye, Joe

AMERICA'S 46th president is headed out the door. After a single term marked by ambitious plans but modest follow-through, Joe Biden is wrapping up his time in office and somewhat reluctantly shuffling off into the sunset.

time-read
1 min  |
January 2025
Q&A Mark Calabria
Reason magazine

Q&A Mark Calabria

IF YOU HAVE a mortgage on your home, the odds are that it's backed by one of two congressionally chartered, government-sponsored enterprises (GSES), Fannie Mae and Freddie Mac.

time-read
3 mins  |
January 2025