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The behemoths of the biggest stock market boom are at a crunch point. They face competition from open source AI models that threaten their market position. But they are "burning cash" and investors are wondering where the profits are. The bubble faces the sword.
Wouldn't it be convenient suddenly if a government regulator was set up by the top dogs in the industry to inspect and slow down the competition and if they got an antitrust waiver to protect them from law suits? This is the stuff empires are made of.
So the AI supergiants appear to want the equivalent of an FDA-for-AI and a waiver. That's been a good model for Big Pharma, they get all the profits, and none of the risk from injury, damage, (and copyright lawsuits) and …it's a handy way to kneecap the competition.
With the world moving towards using AI as the ultimate search engine for information, those who control the information flow, can control the world. They can amplify the flaws of one political team while burying the bad news about their chosen player.