AI could be taken over by a few multinationals, warns UN
Briefly

The United Nations' High-Level Advisory Body on Artificial Intelligence emphasizes the need for a global dialogue on AI governance to mitigate the risks associated with unregulated technology.
In its first report, the UN advisory body recommended creating a global fund to foster collaboration and address disparities in AI capabilities among various regions.
The report warns that if AI technology is dominated by a few multinationals, it could lead to situations where people cannot influence how such technology is used.
The UN document points out that while some regions, like the EU with its AI Act, have started to regulate AI, a more coordinated global effort is essential.
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