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Home/Risks/Abercrombie2024/Monopolisation

Monopolisation

Sub-category
Risk Domain

AI-driven concentration of power and resources within certain entities or groups, especially those with access to or ownership of powerful AI systems, leading to inequitable distribution of benefits and increased societal inequality.

"Monopolisation - Abuse of market power through the control of prices, thereby limiting competition and creating unfair barriers to entry."(p. 18)

Part of Financial and business

Other risks from Abercrombie2024 (53)