Competition and Artificial Intelligence: An Australian Policy Perspective

A quarter of a century ago, there were numerous internet search engines. Now, one company has a near-monopoly. Might the same happen with artificial intelligence engines? The rapid uptake of artificial intelligence makes this an urgent question for antitrust regulators and reformers. Like the steam engine and electricity, artificial intelligence is a general purpose technology. But unlike those technologies, the take-up of artificial intelligence does not rely solely on managers altering the str