Topic
Antitrust
Concentration, monopoly power, and what a break-up of the AI stack looks like.
The same firm that designs the chip can lease the cluster, train the model, host the API, and sell the application. That is not a market. That is a vertically integrated company town in four trench coats. Antitrust is the leverage point where a democratic society can refuse the AI stack as currently configured. The arguments and the precedents are the same ones that broke up Standard Oil and AT&T. The only thing missing is the will.
Columns (2)
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Open Weights, Closed Gates
Meta's Llama is open the way a company town is open. A column on commons-washing, strategic loss leaders, and the difference between a public good and a loss-making marketing expense.
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The Three-Company Town
AI is not a market. It is a three-company town, with NVIDIA as the landlord and the hyperscalers as the company store. A column on the antitrust problem that nobody is treating as an antitrust problem.
Contradictions (3)
- Claim
- AI companies are losing money, so how can they be monopolies?
- Reality
- The losses are a moat. Only a firm with access to infinite venture capital can afford to run a compute bill that size until everyone else is dead.
- Claim
- Regulation will slow progress.
- Reality
- The loudest voices calling for deregulation are the ones who already have the biggest models. The ladder is pulled up behind them.
- Claim
- Open-source models democratise AI.
- Reality
- The weights are free. The 30,000 H100s needed to fine-tune them are not. Democracy with an entry fee is an auction.
Demands (2)
- 01
Public ownership of frontier compute. The means of inference are too important to leave in seven buildings.
- 02
Antitrust with teeth. Break up the stack. Chips, data centres, models, and applications cannot all belong to the same three companies.