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The article warns that the benefits of transformative technologies, particularly artificial intelligence, are being monopolized by a small group of tech giants. This concentration is sustained through excessive executive compensation packages whose justification is questionable, as well as through practices that extract value from users’ data without fostering genuine competition. The lack of oversight has led to a decline in service quality and serious social consequences, ranging from misinformation to the erosion of incomes for creative workers. Contrary to the notion that AI will replace humans, evidence suggests it has significant potential to complement workers’ skills and boost productivity. However, this positive impact will not materialize on its own or through isolated individual efforts. Systemic government intervention is needed to redistribute the value created and prevent the market power of large corporations from further undermining the implicit agreement between the state and the private sector—an agreement that has been exploited through legal loopholes and tax evasion. The central proposal for achieving fair distribution is the development of public digital infrastructure based on open standards. This initiative would enable the creation of neutral platforms for payments, identification, and data exchange, facilitating more equitable interactions among citizens, businesses, and governments. This approach is essential for implementing new fiscal policies and breaking the current technological dependency. This text is relevant to open data because it advocates for the use of open standards and data-sharing platforms as public goods. By promoting open digital infrastructure, it lays the groundwork for a more transparent, competitive, and accessible data economy, moving away from closed models that concentrate power and wealth in the hands of a few.

Source: nacion.com
Published on 2024-02-29

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