Author warns AI self-governance is heading toward 1950s AT&T-style monopoly

Dan_Jeffries1 · x · 2026-09-12

Tech author Dan Jeffries warns that the AI industry's current "pacing ourselves" approach is heading toward a 1950s AT&T-style monopoly: an "oversight" committee staffed with the drinking buddies of the board would be oversight in name only. He argues that insider-led governance, rather than genuine external oversight, will entrench oligopoly in AI.

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