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AI could be taken over by a few multinationals, warns UN

The United Nations’ High-Level Advisory Body on Artificial Intelligence, created last year to address AI governance issues, has made seven recommendations to address the risks with this technology in its first report, just published.
The document, entitled Governing AI for humanity, highlights the importance of creating a global dialogue — the European Union is one of the few to have acted with its EU AI Act — by building a global fund that addresses differences in capacity and collaboration and exchange standards.
And it warns of the dangers that AI can pose if it can be controlled in the market by only a few multinationals. “There is a risk that technology could be imposed on people without them having a say in how it is used,” it says.