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Sam Altman warns handful of tech giants could monopolize AI development

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OpenAI CEO Sam Altman has voiced concern that artificial intelligence could end up controlled by a small group of powerful corporations, including Microsoft, Amazon, Google, Meta, and Nvidia. He stressed the importance of society and AI systems developing in tandem rather than one outpacing the other. Altman also acknowledged that his earlier predictions about AI timelines were overly optimistic. He noted that the economy's natural resistance to rapid change can slow down technological adoption, potentially allowing for a more measured transition to AI-driven advancements.

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