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Do you really expect that sort of regulation to happen in the US, considering that most of the regulators golf with the executives? Its not just about the tech

by evv 9y ago

Do you really expect that sort of regulation to happen in the US, considering that most of the regulators golf with the executives? Its not just about the tech industry here- every industry has conglomerated into a handful of behemoths. These days, large corporations and industries are more powerful than government entities- just look at how they avoid paying taxes. Until we figure out how to get money out of politics, mega-corps will continue to get their way.

modi15 9y ago
I agree its extremely unlikely too happen in the US. However, most big tech companies arent seen to be clearly alligned to Trump - so maybe Trump has a perverse incentive to pull it off. That being said, I think with the rise of AI, smaller tech companies are the future. A tech ecosystem comprised of smaller companies will be forced to take a standards based approach to each industry and also aim to maximize efficiency because of constrains on head count. This requirement to maximize efficiency will further result in a boost to SAAS and in the longer term create the springboard for the next big jump in tech.
- nostrademons 9y ago
  AI in its current deep-learning form tends to reward concentration. The hardest part of building an AI company is collecting training data; big tech companies already have oodles of that, and the products, userbase, and infrastructure to collect more. There may be some new big tech companies as AI lets software push into niches that haven't been computerized yet, but the same market dynamics will likely play out there, leading to one big winner per corpus. It's not economical to collect the same corpus more than once, and right now the first player to collect it has no incentive to share it. The only thing I can think of that would reverse this would be legal regulations that either make all data public (unlikely), or that grant ownership of them to the person they're about rather than the corporate entity that collects them, or a technological solution that can enforce the latter while still allowing large-scale aggregation and machine-learning over multiple people.
jedmeyers 9y ago
> large corporations and industries are more powerful than government entities This is simply not true, since only goverment will be able to force compliance with its requests by sending armed people to your door.

by evv 9y ago

modi15 9y ago

I agree its extremely unlikely too happen in the US. However, most big tech companies arent seen to be clearly alligned to Trump - so maybe Trump has a perverse incentive to pull it off. That being said, I think with the rise of AI, smaller tech companies are the future. A tech ecosystem comprised of smaller companies will be forced to take a standards based approach to each industry and also aim to maximize efficiency because of constrains on head count. This requirement to maximize efficiency will further result in a boost to SAAS and in the longer term create the springboard for the next big jump in tech.

nostrademons 9y ago
AI in its current deep-learning form tends to reward concentration. The hardest part of building an AI company is collecting training data; big tech companies already have oodles of that, and the products, userbase, and infrastructure to collect more. There may be some new big tech companies as AI lets software push into niches that haven't been computerized yet, but the same market dynamics will likely play out there, leading to one big winner per corpus. It's not economical to collect the same corpus more than once, and right now the first player to collect it has no incentive to share it. The only thing I can think of that would reverse this would be legal regulations that either make all data public (unlikely), or that grant ownership of them to the person they're about rather than the corporate entity that collects them, or a technological solution that can enforce the latter while still allowing large-scale aggregation and machine-learning over multiple people.

jedmeyers 9y ago

> large corporations and industries are more powerful than government entities This is simply not true, since only goverment will be able to force compliance with its requests by sending armed people to your door.