Tech firms say laws to protect us from bad AI will limit ‘innovation’. Well, good | John Naughton

“What is even more remarkable, though, is how the tech companies’ claim to be the sole masters of “innovation” has been taken at its face value for so long. But now two eminent competition lawyers, Ariel Ezrachi and Maurice Stucke, have called the companies’ bluff. In a remarkable new book, How Big-Tech Barons Smash Innovation – And How to Strike Back, they explain how the only kinds of innovation tech companies tolerate is that which aligns with their own interests. They reveal how tech firms are ruthless in stifling disruptive or threatening innovations, either by pre-emptive acquisition or naked copycatting, and that their dominance of search engines and social media platforms restricts the visibility of promising innovations that might be competitively or societally useful. As an antidote to tech puffery, the book will be hard to beat. It should be required reading for everyone at Ofcom, the Competition and Markets Authority and the DCMS. And from now on “innovation for whom?” should be the first question to any tech booster lecturing you about innovation.”

Tech firms say laws to protect us from bad AI will limit ‘innovation’. Well, good | John Naughton
https://www.theguardian.com/commentisfree/2022/oct/08/tech-firms-artificial-intelligence-ai-liability-directive-act-eu-ccia
via Instapaper