Big tech is winning big as AI rules expand
The major tech giants just scored major wins on AI regulations. Lawmakers have granted them extensive influence over how AI rules are shaped—right when the technology is hitting a critical stage.
The issue started with talks over AI controls. Big tech firms pushed hard behind closed doors. Now, new reports reveal they got nearly everything they asked for.
Soon after, consumer groups blasted the cozy ties between lawmakers and corporations. Critics say this could stifle competition and safety measures.
The launch follows months of intense lobbying and strategic negotiations by the industry. Lawmakers defended the deal, claiming it balances innovation and risks.
Here’s the takeaway: AI development just got turbocharged for big companies. How this will affect smaller players and consumers remains to be seen.