Mark Minevich’s Post

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Chief AI Officer | C-level | Strategist | Venture Capitalist | ex-IBM ex-BCG | Board member | Best Selling Author | Forbes Columnist | AI Startups | 🇺🇸

The recent statement by Microsoft’s CEO, reaffirming their commitment to their partnership with OpenAI, underscores a growing concern: the immense power wielded by BIG tech companies. While their advancements in AI and technology are impressive, it raises critical questions about the balance of power, control, and efficiency against the broader interests of people and the planet. These corporations, with their vast resources and influence, have the capacity to shape not just markets but also social norms and even governance structures, often prioritizing efficiency and control. This can lead to a scenario where technological progress trumps ethical considerations and the welfare of the global community. In this light, it is imperative to advocate for stronger regulatory frameworks and greater accountability. Ensuring that the pursuit of technological advancement does not overshadow the need for sustainability, ethical AI use, and the protection of individual rights must be a priority

Manoj Sinha

TIME100 Climate | Co-Founder & CEO at Husk | Independent Board Member l Angel investor

10mo

Agree. Tech industry has been totally unregulated and has resulted in a complete dominance by 3 to 4 companies, which are now too BIG to regulate at $2Trillion+ valuation. This results in predatory practice, which is almost always detrimental to main street folks.

Marko Grujić

NEUROBLAST Co-Founder and CTO / IoT / Creator of the largest IoT Network in the region (35 000+ devices) and CM Product Owner / HW & SW Engineer

11mo

No more google meet...

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