German antitrust head warns AI may boost Big Tech's dominance
FRANKFURT: The head of Germany's cartel office has warned that artificial intelligence may boost Big Tech's market power and regulators should be on the lookout for any anti-com Pet itive behaviour. The comments by Andreas Mundt underscore regulatory concerns that tech giants, with their vast troves of user data, may get a com Pet itive edge in the new Technology used in smart homes, web search, online advertising, cars and many other products and services. Alphabet's Google and Microsoft have recently become rivals in artificial intelligence (AI), with the latter investing heavily in OpenAI and the former building the Bard AI chatbot among other investments. The surge in AI popularity has prompted governments around the world to try to impose rules on the use of the technology, with the European Union in a race to adopt its landmark AI rules by the end of the year. "For us as a competition authority, it is crucial that this new technology does not fu...