AI Risks | Monopolies | Concentration of power | IT Strategy | Project Management

Balancing Progress and Equity

Unpacking the risks of AI centralization and inequity

Fabio Turel
8 min readAug 30, 2024

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This series of 23 articles examines the set of AI risks identified by the Massachusetts Institute of Technology (MIT), to offer actionable strategies to help organizations mitigate their potential pitfalls.

Centralization and unfair distribution of benefits

With great power comes great responsibility.

As AI development increasingly demands substantial financial investments, specialized expertise, and massive amounts of training data, there is a growing concern that the most influential AI technologies could be monopolized by a select few — mainly large technology corporations and governments.

The centralization of AI could enable a more oppressive use of technology, where surveillance, censorship, and the erosion of democratic values become normalized. The implications of this risk are profound and far-reaching, necessitating a critical examination of its ripple effects, potential impacts, and strategies for mitigation.

Image by Ideogram.com, concept and prompt by Fabio Turel

Ripple Effects and Secondary Risks

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Fabio Turel

A Project Manager must be a good storyteller. Stories about my profession, my interests and my passions converge in this place.