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?
TheCoelacanth · · focus · HN ↗
The law is very explicit: no mergers or acquisitions where the "effect may be substantially to lessen competition". Not "will" lessen competition, "may" lessen competition.
The law as written should prevent basically any merger between large competitors. Judges have watered that down with bullshit about customer harm that appears nowhere in the law.