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Japan Conducts Fact-Finding Survey on AI

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The Japan Fair Trade Commission (JFTC) will launch a fact-finding survey on the generative artificial intelligence market.

Some are concerned about the impact of generative AI on domestic firms, as U.S. IT giants and other firms are increasingly sequestering the data, semiconductors, human resources, and other resources necessary for its development.

JFTC aims to identify antimonopoly regulation issues at an early stage and promote healthy market competition.

The Commission will soon release materials showing competition issues surrounding generative AI, seek a wide range of information on the actual state of the market, and conduct interviews with domestic and foreign companies and experts.

The development of generative AI requires data for learning, semiconductors, and computers to process the data, and highly skilled human resources. Such development resources are mainly concentrated at U.S. IT giants, such as Google LLC, Microsoft Corp., and Meta Platforms, Inc.

According to some data. U.S. company Nvidia Corp. has a 90% share of the AI-related semiconductor market.

The original article can be found HERE.

ripavi saunat

VisionFinland YouTube Channel

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