AI Law - International Review of Artificial Intelligence LawCC BY-NC-SA Commercial Licence ISSN 3035-5451
G. Giappichelli Editore

17/02/2025 - Balancing AI Innovation and Regulation: The Debate Over Power Control (Italy)

argument: Notizie/News - Digital Governance

Source: Il Sole 24 Ore – NT Plus Diritto

The Il Sole 24 Ore article discusses how governments and regulators are addressing the risks associated with AI power concentration, focusing on legal frameworks for managing AI-driven monopolies and mitigating risks in digital governance.

One of the key issues raised is the dominance of a few major tech companies in AI development. The concentration of AI innovation in the hands of corporations such as Google, OpenAI, and Microsoft raises concerns about market competition, ethical AI use, and regulatory oversight.

The article explores proposed regulatory approaches, including stricter antitrust enforcement, AI-specific transparency requirements, and risk management strategies. The European Union’s AI Act is cited as a leading example of efforts to regulate AI responsibly while promoting innovation.

Another major topic is the challenge of AI accountability. As AI systems become more autonomous, governments must define clear liability frameworks to address AI-related harms, such as biased decision-making, privacy breaches, and cybersecurity threats.

Legal experts warn that without proper regulations, AI could exacerbate inequalities by reinforcing biases in hiring, lending, and law enforcement. The discussion also considers the role of international cooperation in setting AI governance standards to ensure fair competition and ethical AI deployment worldwide.

The article concludes by emphasizing the importance of proactive regulation in preventing AI monopolization while maintaining a competitive and innovative digital ecosystem.