FTC is investigating OpenAI, Anthropic and other AI companies over product risks
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Unofficial Hacker News client; not affiliated with Y Combinator.
FTC is investigating OpenAI, Anthropic and other AI companies over product risks
Unofficial Hacker News client; not affiliated with Y Combinator.
amelius · · focus · HN ↗
How is this a fair, level, playing field, U.S.? Making a large pile of money to put millions of people out of a job, it warrants some investigations!
gtCameron · · focus · HN ↗
hedora · · focus · HN ↗
They can only do that because of circular finance deals and other fraud. Those deals are also the reason a machine that’d run ~ Claude Opus 4.6 locally costs $5000 instead of the original $1400 MSRP.
arctic-true · · focus · HN ↗
amelius · · focus · HN ↗
Eh, their AI is going to put millions of people out of a job ...
AnimalMuppet · · focus · HN ↗
amelius · · focus · HN ↗
Gormo · · focus · HN ↗
amelius · · focus · HN ↗
If this is not unfair competition, then what is?
lesuorac · · focus · HN ↗
The concern is predatory pricing [1]. Which may or may not result in job loss (the surviving company could hire/acquire the dieing companies).
[1]: <a href="https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/predatory-or-below-cost-pricing" rel="nofollow">https://www.ftc.gov/advice-guidance/competition-guidance/gui...