Tech Giants’ Artificial Intelligence Monopoly Possibly The Most Dangerous In History

‘In a race to corner the artificial intelligence market, the world’s largest tech companies are in a frenzy to buy out smaller AI companies at an alarming rate, heading toward what could potentially be the most dangerous monopoly in history. According to a report by CB Insights updated on October 7, close to 140 private artificial intelligence companies have been consolidated in the last five years.
Google, a subsidiary of Alphabet, is in first place with 11 acquisitions, the most notable being DeepMind Technologies, which Google purchased for $600 million in 2014. The British startup was just four years old at the time of the acquisition and has been used to create free apps with the National Health Service and conserve energy by controlling the air conditioning units at Google’s data centers. DeepMind made headlines in March 2016 when AlphaGo became the first computer program in history to beat a top-level Go player.’
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