New fields are always competitive. Eventually, if left to its own devices, a capitalist market will inevitably consolidate into cartels and monopolies. Governments better pay attention and possibly act before it's too late.
reply> Governments better pay attention and possibly act before it's too late.
replyBefore its too late for what? For OpenAI and Claude to privatise their models and restrict (or massively jack up the prices) for their APIs?
The genie is already out of the bottle. The transformers paper was public. The US has OpenAI, Anthropic, Grok, Google and Meta all making foundation models. China has Deepseek. And Huggingface is awash with smaller models you can run at home. Training and running your own models is really easy.
Monopolistic rent seeking over this technology is - for now - more or less impossible. It would simply be too difficult & expensive for one player to gobble up all their competitors, across multiple continents. And if they tried, I'm sure investors will happily back a new company to fight back.