The Japan News on Nostr: JFTC to Conduct Fact-Finding Survey on Generative AI Market; Wary of Sequestering by ...
JFTC to Conduct Fact-Finding Survey on Generative AI Market; Wary of Sequestering by IT Giants
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The Japan Fair Trade Commission (JFTC) will launch a fact-finding survey on the generative AI market due to concerns about U.S. IT giants sequestering essential resources. The survey aims to identify antimonopoly issues and promote competition. JFTC will gather information through interviews with companies and experts. The development of generative AI relies on data, semiconductors, and skilled human resources, which are concentrated among companies like Google, Microsoft, and Meta. Nvidia holds a 90% share of the AI-related semiconductor market. Investigations will focus on restrictions imposed by large companies and the transfer of talent from startups. Antitrust authorities globally are also increasing scrutiny of the generative AI market, as evidenced by a joint statement from U.S. and EU authorities in July 2024.
#Jftc #GenerativeAi #Antitrust #MarketCompetition #ItGiants #Nvidia #Google #Microsoft #Meta #Survey
https://japannews.yomiuri.co.jp/business/economy/20240930-214228/
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The Japan Fair Trade Commission (JFTC) will launch a fact-finding survey on the generative AI market due to concerns about U.S. IT giants sequestering essential resources. The survey aims to identify antimonopoly issues and promote competition. JFTC will gather information through interviews with companies and experts. The development of generative AI relies on data, semiconductors, and skilled human resources, which are concentrated among companies like Google, Microsoft, and Meta. Nvidia holds a 90% share of the AI-related semiconductor market. Investigations will focus on restrictions imposed by large companies and the transfer of talent from startups. Antitrust authorities globally are also increasing scrutiny of the generative AI market, as evidenced by a joint statement from U.S. and EU authorities in July 2024.
#Jftc #GenerativeAi #Antitrust #MarketCompetition #ItGiants #Nvidia #Google #Microsoft #Meta #Survey
https://japannews.yomiuri.co.jp/business/economy/20240930-214228/