DCI Submission to the European Commission (EC) on Generative Artificial Intelligence

Abstract

The DCI welcomes the opportunity to submit comments on the EC’s consultation on competition and generative artificial intelligence (hereafter, “GenAI”).

The two main messages of the DCI submission are the following:

• The technological and economic properties of GenAI do not support a case of tipping in which one firm takes the entire market.

• The financial and regulatory context of GenAI could fuel ‘winner takes all or most’ dynamics in GenAI markets.

Keywords: generative artificial intelligence (GenAI), market dynamics,

JEL Classification: K1; K2; K21; L4; L40; O3; D4; D42