Public interest group urges focus on enforcing existing regulations over new legislation on AI

A new report from the Open Markets Institute makes the case that policymakers should prioritize the use of longstanding competition laws to minimize harm while maximizing the benefits from artificial intelligence, by laying out the extent to which a handful of industry giants maintains control over essential components of the technology.

“Instead of harnessing the technology to solve urgent social challenges and improve people’s lives, the digital gatekeepers will be far more inclined to use it to entrench their existing...