this post was submitted on 30 Oct 2023
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  • Big Tech is lying about some AI risks to shut down competition, a Google Brain cofounder has said.
  • Andrew Ng told The Australian Financial Review that tech leaders hoped to trigger strict regulation.
  • Some large tech companies didn't want to compete with open source, he added.
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[โ€“] Substance_P@lemmy.world 15 points 10 months ago (1 children)

When Google's annual revenue from its search engine is estimated to be around $70 to $80 billion, no wonder there is great concern from big tech about the numerous A.I tools out there, that would spell an end to that fire hose of sweet sweet monetization.

[โ€“] Salamendacious@lemmy.world 1 points 10 months ago

Well it's not like that money will just go away someone's still going to be monetizing everything.