MIT AI Risk Repository · Risk Category · 31.09.00

Exacerbating Market Power and Concentration

Description

"Major tech companies have also been the dominant players in developing new generative AI systems because training generative AI models requires massive swaths of data, computing power, and technical and financial resources."

From Generating Harms - Generative AI's impact and paths forwards (EPIC2023), as extracted by the MIT AI Risk Repository (CC BY 4.0).

Classification

Causal entity
Human
Timing
Other

Subdomain definition: AI-driven concentration of power and resources within certain entities or groups, especially those with access to or ownership of powerful AI systems, leading to inequitable distribution of benefits and increased societal inequality.

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Other entries from EPIC2023