AI bias might not be a threat and here’s why – Fox News
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OpenAI, developer of the ChatGPT language model, is the best-funded and largest AI platform company with over $10 billion in funding at a valuation of nearly $30 billion. Microsoft uses OpenAI, but Google, Meta, Apple and Amazon have their own AI platforms and there are hundreds of other AI startups in Silicon Valley. Will industry forces drive one of these to become a monopoly?
When Google started its search business, there were already a dozen existing search platforms such as Yahoo, AltaVista, Excite and InfoSeek. Many observers asked if we need Google as yet another search engine? Yet Google became an online monopoly due to its superior performance and networking effects.
Networking effects are powerful and Amazon is a perfect example with nearly 60% share of the online commerce market. Buyers go there to find the largest selection of product suppliers, and sellers go there to find the largest audience of customers. Even if another…
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source: https://news.oneseocompany.com/2023/09/25/ai-bias-might-not-be-a-threat-and-heres-why-fox-news_2023092550534.html
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