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> Is AI sophistication the new "income inequality" since smaller companies that can't wield that power get out-competed by larger players, leading to extreme co
by toomanybeersies 6y ago
> Is AI sophistication the new "income inequality" since smaller companies that can't wield that power get out-competed by larger players, leading to extreme concentration in the hands of few as time goes on?
This year it's AI. 10 years ago it was user analytics (well, it still is), and before computers it was having marketing department.
Large retailers with money to spend have always had a massive advantage over small retailers, both online and offline. AI is just the next incremental step.
That's not to say I endorse AI marketing, or larger companies outcompeting small ones. I just don't think AI is anything new in that regard, and after AI there will be some new technology (pheromones, I bet) that large retailers will be using to extract wealth from us.