AI Risks | Monopolies | Concentration of power | IT Strategy | Project Management
Balancing Progress and Equity
Unpacking the risks of AI centralization and inequity
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.
