Part 6/8:
A significant fear is that governments will wake up too late to the concentration of power among a few AI companies. The analysis suggests that Europe and the U.S. must rethink their strategies, as the current approach may invite dire consequences over the next several years. Instead of merely increasing funding for start-ups, leaders should consider establishing publicly owned AI initiatives that rival the leading corporations, ensuring that they maintain some level of control over AI developments.
If left unaddressed, the disparities in AI power may lead to democratic and societal challenges, granting excessive influence to a select few with resources to dominate the AI landscape.