Debjani Ghosh, Distinguished Fellow at NITI Aayog, says the real threat to AI is not the tech itself: it is that a few big players control the money and influence.
This can create an echo chamber where companies fund each other, making it hard to see what people actually want and weakening competition.
Ghosh urges Silicon Valley rethink AI
Ghosh is urging Silicon Valley to rethink how it builds the AI world, warning that when only a handful of companies call the shots, true innovation gets stifled.
She is calling for more independent ideas and funding sources so smaller players have a fair shot.
Even US Federal Reserve Governor Michael Barr agrees: he says letting just a few firms dominate could hurt both competition and workers.