Post BAPEKSOxUFNwMawyMC by HeavenlyPossum@kolektiva.social
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 (DIR) Post #BAPEKSOxUFNwMawyMC by HeavenlyPossum@kolektiva.social
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       Capitalists hate competition, because competitors might capture some of their income for themselves and drive them out of business.This is why capitalists love to create institutional barriers to competition: intellectual property regimes, licensing requirements, zoning laws, regulatory barriers to market entry, and so on.It’s important to remember this fact when considering the push by “AI” companies to pause new work in their industry.