Gartner, a technological research and consulting firm, predicts that traffic from traditional search engines will drop 25% by 2026. The reason? People will turn to Generative AI and ChatBots (like OpenAI’s ChatGPT and Anthropic’s Claude) rather than traditional search engines. AI innovation is disrupting the search landscape: – Case in point: “Can This A.I.-Powered Search […]
Next month, the California Law Revision Commission will begin holding a series of meetings to explore potential changes to antitrust laws. Ahead of these meetings, University of Southern California law professor and antitrust expert Jonathan Barnett submitted a report on the concerning European approach to competition and the devastating effect a similar approach would have […]
Earlier this week, we shared some insights on the overall competitive AI landscape and its more specific contributions. Today, we will unpack what these strides in AI competition and innovation mean for consumers and businesses alike. What do all these startups and innovations mean for businesses and consumers? At a very practical level, businesses and […]
On Monday, we offered an overall landscape assessment of the AI “stack,” starting at the application layer. Today, we will dive into the choice, innovation, and competition inherent in the data, cloud, and hardware layers of the AI stack. A proliferation of open data is fostering new competitors Contrary to claims that proprietary data will […]
Drawing on the words of experienced Federal Trade Commission staff, the House Judiciary Committee’s (HJC) interim staff report, “Abuse of Power, Waste of Resources, and Fear,” details multiple hurdles to the agency’s success in recent years: Political priorities are distracting from the FTC’s historical focus on consumers. 1. Staff worry that legally dubious cases take […]
The generative AI revolution is raising new questions about competition, market concentration, and American innovation. This flurry of change can seem complicated, but in fact emerging AI innovations are contributing to a wildly competitive ecosystem up and down the AI “stack.” First, a brief primer on the state of competition in the tech space: Investment […]
As Europe adopts and implements radical new competition frameworks, it’s crucial that American policymakers understand the harms of such drastic proposals, and what they might mean for consumers and small businesses alike. 1. An objective, economics-based standard has served America well 2. Untested competition theories pose risks for innovation, the startup ecosystem, small businesses, and […]
As regulators continue discussing artificial intelligence and the competitive dynamics in the AI space, one thing is clear: competition is thriving up and down the AI stack. This point shone through during a workshop hosted last week by the FTC, even though the panel lacked balance and entirely omitted industry voices. Here are the facts: […]
On January 29, Amazon and iRobot announced an agreement to terminate Amazon’s acquisition following a report by the Wall Street Journal that the EU Commission (EC) intended to block the deal. As a result, Massachusetts-based iRobot announced it planned to fire 31% of its employees, reduce its investment in R&D, and cancel innovation in new […]
As we enter 2024, the retail industry is a vast and diverse space, stocked with businesses both large and small. The prominence of small retail businesses is especially notable: contrary to claims made by some inside the Beltway, research shows that, in recent years, digital tools and marketplaces have helped Americans shop small. It’s a […]
Hostility to innovation and technology diminishes the incredible Internet-enabled opportunities that leading tech services provide: empowering consumers, driving prices down and increasing choice, and providing platforms to help entrepreneurs grow their businesses. It has given us a golden era of entertainment, knowledge, and everything from fashion startups, to booming mom and pop stores, to the latest app.
No spam, we promise.
