Microsoft and Big Tech Want to ‘Own’ Generative AI. Will Creators and the Feds Let Them? | Commentary
Available to WrapPRO members
Look past the optics to see that Silicon Valley’s usual suspects are determined to control the fate of content. That’s not good for media and entertainment
(Dall-E)
The last massive tech-tonic shift that rocked Hollywood — the Internet — birthed whole new categories of innovative companies that ultimately created the Big Tech world we know today. Now we’re in the next transformational wave — generative AI — and this time, history most certainly is not repeating itself. Big Tech’s established usual suspects — Microsoft, Google, Amazon, Meta and Apple — are doing everything in their enormous and largely unchecked power to prevent truly independent new players from encroaching on this next multi-trillion-dollar opportunity – the genAI space race.
Big Tech’s ever-greater power leads to ever-greater risk to the entertainment and creative community.
Comments
