Mind Matters Natural and Artificial Intelligence News and Analysis

TagMonopoly

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AGV (Automated guided vehicle) in warehouse logistic and transport.

U.S. Federal Trade Commission Sues Amazon

The lawsuit convicts Amazon of suppressing competition and stifling innovation from potential rivals

In a long-awaited lawsuit, the U.S. Federal Trade Commission (FTC) is suing Amazon for seeking to monopolize the online market, according to Reuters. The lawsuit convicts Amazon of suppressing competition and stifling innovation from potential rivals, arriving after years of complaints. From the Reuters article: he lawsuit, which was joined by 17 state attorneys general, follows a four-year investigation and federal lawsuits filed against Alphabet’s Google and Meta Platforms’ Facebook. “The FTC and its state partners say Amazon’s actions allow it to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon,” the agency said in a statement. The FTC said that it was asking the court Read More ›

google on ipad
Bangkok, Thailand 25 AUG 2020. Men hand using digital tablet for search information on Google.  Wireless Smartphone technology with intelligence search engine.

U.S. Department of Justice Sues Google (Again)

The DOJ claims the tech giant is unlawfully monopolizing the digital advertising market

The U.S. Department of Justice (DOJ) is suing Google, claiming the technology company has monopolized the digital advertising market. This marks the second federal anti-trust suit against Google. Google has led the digital advertising market for years, although companies like TikTok and Amazon are becoming more viable competitors. Despite the competition, Google still raked in $209B in advertising in 2021, per a briefing from 1440 News, and its 2022 financial report is expected to disclose similar numbers. The official complaint notes the benefit and importance of a “vibrant internet” in American life but emphasizes the centrality of economic diversity and competition. Section 4 of the complaint claims “the ad tech space is broken,” further explaining,   One industry behemoth, Google, Read More ›

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Gold bitcoin on dark background

COSM Speaker Peter Thiel: The Failures and “Self-Hatred” of Big Tech

Listen to maverick entrepreneur Peter Thiel’s talk from last year’s COSM conference. Thiel discusses his views of artificial intelligence, Big Tech’s monopoly, China, and the future of technology with legendary tech guru George Gilder. You can register now to hear Peter Thiel and George Gilder at this year’s COSM conference in November. Show Notes Additional Resources

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children's sorter with geometric shapes on a white background selective focus

If Google Thinks For You, Use THEIR Search Engine. Otherwise…

Google’s monopoly affects the free exchange of ideas in the public square and our electoral process

For years, the internet has been dominated by the all-seeing Google. Google has been so successful in its execution and protection of its brand that we culturally understand that to “Google” something is to conduct an internet search, despite the existence of alternative search engines. Google holds a massive advantage over all other search engines. More than 88% of all web searches are conducted through Google while the second-largest web browser, Bing, claims not quite 6% of all web searches. While alternative search services have existed for years (such as DuckDuckGo, Ask, and Startpage), only two English language indexes exist – Google’s and Bing’s. Most of the familiar search “alternatives” pull from those two datasets. Alternative search engines, then, aren’t all that Read More ›

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Does Amazon’s Near-Monopoly Justify Its Use of Censorship?

Caitlin Basset looks at the little-known Seattle law that might make Amazon’s censorship much more costly

Recently, Caitlin Basset told Stream readers about the Seattle law that could give Amazon — currently big on censorship — pause for thought: Last week Amazon spiked a [2018] book critical of transgender policy. The book — When Harry Became Sally: Responding to the Transgender Movement, by Ryan T. Anderson. Amazon removed it without warning or explanation. “I hope you’ve already bought your copy,” Anderson wrote on Twitter, “cause Amazon just removed my book.” Amazon has breached free speech principles before. In the past two years, they banned products, films and ad campaigns for ideas it deems “objectionable.” Caitlin Bassett, “Could an Obscure Seattle Law Be Big Tech’s Undoing?” at Stream (February 28, 2021) Under an apparent new rule, Amazon Read More ›

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Social media concept.

Many are questioning the sudden shutdown of Parler

Opponents see the move as an attempt to enforce a social media monopoly

Recently, an alternative social media platform, roughly equivalent to Twitter, was forced offline after Amazon terminated it services: “Without AWS, Parler is finished as it has no way to get online,” the complaint said. “And a delay of granting this TRO by even one day could also sound Parler’s death knell as President Trump and others move on to other platforms.” Parler’s lawsuit argues that Amazon has unlawfully sought to restrain competition by eliminating a player from the market. It also claims Amazon breached its contract with Parler by not providing Parler 30 days’ notice of termination — and that its actions interfere with Parler’s relationships with current and future users. Brian Fung, “Parler sues Amazon for cutting off its Read More ›

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Is the Tech Industry Destroying the Free Market?

The internet drifts toward monopoly control due, in part, to its structure, not merely due to tech moguls’ plans

One potential solution could be the rise of edge computing, which distributes all data as close to the edge as possible.

Read More ›