I welcome the UK House of Lords' clear warning that current market failures in the #news industry, caused by #BigTech firms, may quickly lead to “irreversible” harm for our society and #democracy: “There is a realistic possibility of the UK's news environment fracturing irreparably along social, regional and economic lines within the next 5–10 years. The implications for our society and democracy would be grim.” “The consolidation of power among the world’s pre-eminent tech firms is leading to unprecedented influence over the information we see. AI models can already produce passable news summaries and answer politically sensitive questions. These advances are starting to upend news media business models and change the way people find information.” “We have deepening concerns about the implications for media plurality, and the way these developments will compound the shift towards a two tier media environment [where] a growing proportion of society will have limited engagement with professionally produced news, and the gap is widening.” The report’s proposals include: ▶️ 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧 𝐫𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐥𝐞 𝐀𝐈 – “The Government must update legislation to align incentives between news providers and AI firms and help them strike mutually beneficial deals.” ▶️ 𝐓𝐚𝐤𝐞 𝐁𝐢𝐠 𝐓𝐞𝐜𝐡 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐬 𝐬𝐞𝐫𝐢𝐨𝐮𝐬𝐥𝐲 – The competition authority “should investigate allegations of anti-competitive practice by Big Tech firms acquiring AI training data”. The media regulator's (Ofcom’s) rules on media plurality “should account for tech firms’ growing influence in their ability to produce news content through generative AI summaries”. ▶️ 𝐁𝐚𝐭𝐭𝐥𝐞 𝐦𝐢𝐬/𝐝𝐢𝐬𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐩𝐫𝐨𝐩𝐨𝐫𝐭𝐢𝐨𝐧𝐚𝐭𝐞𝐥𝐲 – Measures to tackle disinformation should not undermine confidence in free speech or fuel public distrust. “We caution against overreliance on technical fixes (such as labelling and watermarks).” These findings and recommendations matter not just in the UK. #CompetitionMatters #onlineadvertising #mediaplurality
“These findings and recommendations matter not just in the UK.” Indeed, I couldn't agree more - in a recent policy brief on the news/media sector in the EU, Matthias Störring and I come to essentially similar conclusions, calling for more structural measures beyond the usual calls for more digital literacy. See (in German only): https://www.cep.eu/fileadmin/user_upload/cep.eu/Studien/cepInput_Medien_final_cleaner/cep_LEF_brief_Medien_final_cleaner.pdf
Thank you for sharing Thomas Höppner. This is welcome news indeed, but the speed of technological change means that we need to raise public awareness much faster than legislation can be brought to bear; not that legislation can fix things irreversibly, given the entanglement of “dual use” technologies, this is a much thornier issue than governments care to admit.
Competition Lawyer | DMA Litigator | Partner @ Hausfeld | Prof. Dr. LL.M
3wFor more „On the Antitrust Implications of Embedding Generative AI in Core Platform Services“ - such as AI news summaries in search results or social media feeds, and remedies for it, see our recent article here https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4904876