American, British monopoly watchdogs probe AI to make sure we don't get screwed

Review will also look at barriers to entry where hyperscalers hold all the cards

Britain's competition watchdog is to cast an eye over the development and use of AI, saying it wants to ensure that innovation in the field proceeds in a way that benefits consumers, businesses and the wider UK economy. In the US, the Federal Trade Commission (FTC) appears to be thinking along similar lines.…