The digital marketplace is a crucial global economic driver, with digitalization poised to add $100 trillion in additional value to the world economy by 2025. Central to this transformation is the adoption of artificial intelligence (AI) and Internet of Things (IoT) technologies. The widespread adoption of AI and IoT drives innovation [...]
A couple of weeks ago, at an event hosted by the United States Department of Justice (DOJ) and Stanford Business School, policymakers and industry stakeholders convened to discuss the competitive landscape of artificial intelligence (AI) industries. The discussion ranged from the promise of large language models (LLMs) and foundation models [...]
Reasonable tax rates, access to data, and the ability to raise capital are all necessary conditions for the creation and growth of small companies in the app economy. These companies, in turn, provide both the foundations for and novel adaptations of the artificial intelligence (AI)-driven tools of the future. What [...]
On April 10, Margrethe Vestager, the executive vice-president (EVP) of the European Commission, spoke about AI governance and global technological advancements at an event hosted by the American Enterprise Institute (AEI). In discussing the downstream cybersecurity and content moderation policy implications of the EU’s antitrust actions and the Digital Markets [...]
Generative artificial intelligence (GAI) has been shown to support small business innovation in several ways. For example, small companies use GAI in ways that reduce time, cost, and efficiency barriers, advancing avenues for expansion, and otherwise enabling innovation. Yet, potential consequences from utilizing GAI as a commercial tool, including the [...]