Does Google charge for 'grounding' through Google Search via its enterprise AI stuff? If so can't this open up a a big monetization opportunity for Search?

As LLMs on its platform use Search to ensure they are not talking rubbish.

cloud.google.com/vertex-ai/gene…

Here is a recording from our UCL Institute for Innovation and Public Purpose discussion with Data & Policy's Zeynep Engin, PhD 🌍 on:

-- What 'algorithmic attention rents' are

-- And why algorithms & algorithmic allocations need to be interrogated centrally for antitrust analysis

youtube.com/watch?v=a2bFVe…

'we should try to recalibrate the economic incentives underpinning today’s innovations, away from risky uses of AI technology & towards open, accountable, AI algorithms that support and disperse value equitably' with Rufus, Tim O'Reilly and Mariana Mazzucato in The The Conversation U.S.

'Algorithms have become market gatekeepers and value allocators, and are now becoming producers and arbiters of knowledge.' In our article Tim O'Reilly Ilan Strauss Rufus and I argue for a closer look at the economic power of AI in The Conversation ⬇️ theconversation.com/to-understand-…

Aspire Institute Also kudos to Microsoft for providing the only free GPT-4 level model available worldwide. Many people could not afford access to a frontier model otherwise. I hope they keep up that commitment.

It's not opensource technology which is fundamentally open to abuse but technology subject to an unregulated profit motive compulsion:
time.com/6964364/exclus…

Reddit: you learn through discussion and debate within communities.

GPT: you learn through summarisation (plus tons of guardrails and corporate speak).

Random website: you learn through scrolling through tons of SEO optimised ads and contents.

Crazy we learn about Instagram's revenue only now the first time.

Meta can hide this because of outdated disclosure regulations called 'segment reporting': they give large diversified firms considerable discretion over what business lines to report:

ucl.ac.uk/bartlett/publi…

'Most moral' army or least moral AI decision making process? 972mag.com/lavender-ai-is…

Enshittification to the max. A reversion to the original internet of pop-up ads and spam?

TODAY'S EVENT!

Still time to register for our conversation with Tim O'Reilly (@OReillyMedia) Mariana Mazzucato & Ilan Strauss (@IIPP_UCL) about new research into the power of tech platforms to capture attention and shape markets.

Sign up (5pm UK start): bit.ly/3wXtvvr

Join our @Data_and_policy webinar w/ Tim O'Reilly + Ilan Strauss about how tech platforms use the power they hold over the attention of billions to shape markets.

Tomorrow | 17:00 GMT | Register: ow.ly/BGk050R3VL6

My paper on Algorithmic Rents: ow.ly/FXVV50R3VL5

Breaking: Google has agreed to rework #Chrome #Incognito disclosures and delete billions of data records that reflect class members’ private browsing, in what plaintiffs called a 'historic' #privacy settlement.

Great overview of Kahneman's behavioural economics. The first citation in this paper is (rightfully) Herbert A. Simon. Amazing how many research programs begin with Simon.

Beneath the argument that algorithms can facilitate price-fixing: ftc.gov/business-guida…..

is the more obvious, yet important, assumption that algorithms today subsume the market mechanism. Algorithms process information and make market-like allocations: ucl.ac.uk/bartlett/publi…

A platform is an aggregator is a chain restaurant? Boggles the mind. Aggregators manage discovery and allocate value in multi-sided markets. Aggregators provide a basis for entire ecosystems to be built. Define Apple’s product markets properly.

A must read by Tim O'Reilly : ucl.ac.uk/bartlett/publi…

Great piece.

Interesting set of articles by Tim O'Reilly Ilan Strauss and Mariana Mazzucato (both theoretical and empirical) on how platforms exert market power by engineering attention: bit.ly/4aa9IHC Can be though of as a formalization of the Doctorow platform en**ification theory.