#corporate-power

#corporate-power

Profiteering and corporate power have led to significant disparity in wealth distribution, as companies prioritize profit margins over fair wages for workers. [ more ]

The British government's summit on AI failed to address the issue of reining in dominant corporations that pose a threat to safety.

The summit's achievements, such as a joint communique and voluntary agreements, lack real enforcement and give corporations a privileged role in shaping AI regulation.

Tough measures targeting corporate power, such as aggressive enforcement of competition policy and regulatory obligations, are needed to ensure AI is used in the public interest. [ more ]