Five US tech giants have harvested our data. This treasure must be shared among the people who provide it
Of all the big firms in Silicon Valley, Amazon had the most to lose from Donald Trumps presidency. And lose it did, albeit briefly, its share price dropping 5% shortly after the election.
During the campaign, Trump warned that Amazon had a huge antitrust problem a reasonable stance for the populist that he once aspired to be. Most likely, though, his animosity had more to do with the fact Amazons founder, Jeff Bezos, also owns the Washington Post, an influential newspaper that took an early strong dislike of Trump. By the time of Amazons massive cloud-computing conference, which kicked off in Las Vegas at the end of November, such squabbles seem to have been forgotten. Amazon went on to wow the audience with impressive gimmicks. Did you know it has a truck yes, a real truck to drive your data to the cloud? Apparently, its much faster than using networks.
Amazon also unveiled its cloud-based artificial intelligence services, including systems for recognising objects in images, processing speech commands, and operating chatbot applications. Thus, its joining Google, Microsoft, Facebook, and IBM in the already crowded field of advanced AI.
For Amazon, this is hardly new territory. By now, it must have built a robust AI operation for its own use, what with all the data it has amassed on its users (its precisely the troves of such data that explain recent breakthroughs in one of the most promising strands of contemporary AI deep learning).
Now, Amazon wants to make money by letting others tap into its existing AI infrastructure. It did something similar a decade ago, when it realised it had a lot of spare server infrastructure it could lend out to others. A clever move: today Amazons cloud services often generate more profits than its retail operations in North America.
Its nascent AI operation is likely to rely on a similar model: clients will pay to tap into Amazons ability to recognise images or voices and insert such magic into their app or service. The other four AI giants are also unlikely to settle on a charity model. As they integrate AI products into healthcare, education, energy and transport, they will eventually pass on the bill to citizens either directly, as usage fees, or indirectly, through lucrative contracts with institutions such as the NHS.
The political implications are mind-boggling. Five American firms Chinas Baidu being the only significant foreign contender have already extracted, processed and digested much of the worlds data. This has given them advanced AI capabilities, helping to secure control over a crucial part of the global digital infrastructure. Immense power has been shifted to just one sector of society as a result.