Big Tech Faces New Scrutiny As AI Powers Grow

August 21, 2023
Photo by cottonbro studio from Pexels

Artificial intelligence’s rapid development has taken the technology sector into unknown waters. AI has been smoothly incorporated into many areas of our lives, from automated vehicles to personalized recommendations. The AI revolution has been led by major tech firms like Google, Facebook and Microsoft. The scrutiny that these tech giants face will grow as AI’s capabilities grow.

Unmatched Influence Raises Questions

It is evident that these big tech companies have a significant impact on our lives. These companies can select the information we like, predict our preferences with AI-powered algorithms, and even influence our choices. Although this has improved user experiences and convenience, it has also raised problems including privacy, data manipulation, and the possibility of algorithmic biases.

Data Privacy and Security

The management of personal data is one of the main issues with Big Tech’s use of AI. In order to enhance their services and train their AI models, these businesses gather enormous volumes of customer data. However, concerns over data security and privacy have been raised by this technique. Additionally, due to its lack of regulation, GBWhatsApp poses threats regarding data security and privacy. To implement effective data security procedures, big IT businesses must address potential risks.

Algorithmic Bias

The topic of algorithmic bias has gained attention as AI algorithms take on a larger role in decision-making procedures. AI systems might unintentionally reinforce biases in the data they are trained on since they are only as impartial as the data they are taught. This bias raises the need for strict control and regulation since it may result in discriminatory outcomes in fields including hiring, lending, and criminal justice.

Monopoly and Competition Concerns

Concerns regarding fair competition have also been raised by Big Tech firms’ dominance in the AI market. Smaller AI firms may find it difficult to compete with IT giants’ extensive resources and data access. Requests for antitrust regulations to maintain a fair playing field have arisen because of concerns that this power concentration could slow innovation and reduce consumer choice.

Addressing the Challenges

Governments and regulatory organizations are getting more involved in addressing the changing Big Tech and AI scenario. A major step toward protecting user data privacy was made with Europe’s General Data Protection Regulation, and similar laws are being discussed globally. To promote a more competitive environment and avoid possible power abuse, calls for antitrust lawsuits to restrain the dominance of these big titans have also picked up steam. Moreover, regulations should be made for third-party applications like WhatsApp Plus so that data privacy for the users can be ensured.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

FREE: PROMOTE YOUR ASIAN STARTUP

Asian Startup Founders: We want to interview you.

If you are a founder, we want to interview you. Getting interviewed is a simple (and free) process.
PROMOTE MY STARTUP 
close-link

Don't Miss

101 Top Mumbai Education Companies and Startups

This article showcases our top picks for the best Mumbai

24 Top Thailand Digital Media Companies and Startups

This article showcases our top picks for the best Thailand