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Stakeholders Provide Input on White House AI Competition Policy

Market regulations

Stakeholders Provide Input on White House AI Competition Policy

Artificial intelligence stakeholders met on Friday to discuss how the White House can craft policy to promote a competitive market that provides opportunities to small businesses.

Convened by Lael Brainard, assistant to the president and national economic adviser, the listening session covered concerns about high levels of concentration in the production of critical inputs such as semiconductors, cloud storage and computing power, the White House said Saturday.

Stakeholders recommended that industry partnerships and investments undergo more scrutiny given the risks of collusive behavior.

The White House said participants also talked about the impact of open-source models and more tailored AI applications on competition.

Other discussion topics included how a lack of competition could affect prices, quality, privacy and laws.

The meeting saw mention of potential solutions such as publicly funded research initiatives and the effective use of procurement tools.

Officials from the Department of Justice, the Federal Trade Commission and other organizations attended the listening session. Meanwhile, non-government attendees included representatives from the American Economic Liberties Project and the AI Now Institute.

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Category: Digital Modernization

Tags: AI industry AI policy artificial intelligence digital modernization industry competition Lael Brainard White House