Cristina Caffarra
Rich discussion of AI #acquihires (when are they a problem, what shld antitrust do?) turned into broader debate on “do we have a competition problem w Al & what is it?” Fireside w J Kanter, fab panel @florianederer.bsky.social @igorletina.bsky.social @lugaricano.bsky.social I Marinescu, H Zenger 1/
Oct 13 at 2:10pmWeb
Show threadCristina CaffarraOct 13
Consensus that ✅ Foundation layer is extraordinarily dynamic & competitive today ✅ But Big Tech Usual Suspects are very strong, involved in myriad core investment & partnerships ✅ Desperately need to find ways to monetize ✅ Overinvestment bubble likely to burst soon 2/
Show threadCristina CaffarraOct 13
✅ Historically overinvestment cycles led to big trusts formed to coordinate price, collectively foreclose competition ❌ Don’t know where this is going but big competition risks, essential to keep “wholesale access” to foundation layer open ...and don’t buy “AI is different” shallow narratives! 3/

models.mm
Show threadCristina CaffarraOct 13
@cepr.org @tomvalletti.bsky.social Recording and transcript on event page: cepr.org/events/ai-acqu…

cepr.org/events/ai-acqu...