Interesting
that no one has developed a “significantly superior” search tool
to steal customers away from Google.
https://www.cnn.com/2024/08/05/business/google-loses-antitrust-lawsuit-doj/index.html
Google
loses massive antitrust lawsuit over its search dominance
Google
has violated US antitrust law with its search business, a federal
judge ruled Monday, handing the tech giant a staggering
court defeat with the potential to reshape how millions of
Americans get information online and to upend decades of dominance.
“After having carefully considered and weighed
the witness testimony and evidence, the court reaches the following
conclusion: Google is a monopolist, and it has acted as one to
maintain its monopoly,” US District Judge Amit Mehta wrote in
Monday’s
opinion. “It has violated Section 2 of the Sherman Act.”
(Related)
https://www.bbc.com/news/articles/cy9eegg0rdvo
What
could Google monopoly ruling mean for you?
… The
US government specifically wants "structural relief" - so
what could that look like?
The
nuclear option would be to demand Google breaks itself into smaller
chunks - a move US officials have not ruled out.
… That
might cause consternation for Alphabet executives. But as long as
Google remained the default search engine on devices, the average
consumer would be unlikely to notice the difference. [Leaving
Google still ubiquitous? Bob]
… The
US said Google was currently paying firms like Apple more than $10bn
a year to be pre-installed as the default search engine on their
devices or platforms.
The
judge agreed.
The
contention is, had Google never spent that money, the big firms might
have been encouraged to develop their own search experience. [Not
their business model… Bob]
… Something
that's easier to imagine is some kind of choice screen, where people
opening a browser for the first time are asked whether they'd like to
use Google or an alternative like Microsoft's Bing. [Oh,
let’s pick one we’ve never heard of! Bob]
I
am old, therefore I am wise?
https://www.bespacific.com/why-wisdom-work-is-the-new-knowledge-work/
Why
“Wisdom Work” Is the New “Knowledge Work”
Harvard
Business Review:
“Today
the workforce is getting older, and the number of younger workers in
positions of senior management is growing. These two developments
might appear to spell trouble, in that they seem to set the
generations against one another, but the author of this article
argues that in fact they represent an important opportunity: If
companies can figure out how to enable the intergenerational transfer
of the wisdom that comes with age and experience, they can strengthen
themselves — and the workplace as a whole.
Others
might find this useful…
https://www.bespacific.com/aba-task-force-releases-report-on-ais-opportunities-challenges-for-the-legal-profession/
ABA
Task Force releases report on AI’s opportunities, challenges for
the legal profession
The
American
Bar Association’s Task Force on Law and Artificial Intelligence
released
a report today titled “Year
I Report on the Impact of AI on the Practice of Law”
that details the work of the group over the past year. The AI Task
Force, created in August 2023 by ABA President Mary Smith, brought
together lawyers and judges from across the ABA to address the impact
of artificial intelligence on the legal profession and the practice
of law, provide insights on developing and using AI in a trustworthy
and responsible manner, and identify ways to address AI risks. The
AI Task Force has concentrated its efforts on a broad array of legal
issues related to AI that will affect the legal profession including:
the
impact of AI on legal practice
ethical
dilemmas
the
challenges of generative AI
access
to justice
the
integration of AI in the courts
advancements
in legal education
strategies
for risk management and governance
Expert
opinion?
https://www.technologyreview.com/2024/08/05/1095447/a-playbook-for-crafting-ai-strategy/
A
playbook for crafting AI strategy
… Moving
from initial forays into AI use, such as code generation and customer
service, to firm-wide integration depends on strategic and
organizational transitions in infrastructure, data governance, and
supplier ecosystems. As well, organizations must weigh uncertainties
about developments in AI performance and how to measure return on
investment.
If
organizations seek to scale AI across the business in coming years,
however, now is the time to act. This report explores the current
state of enterprise AI adoption and offers a playbook for crafting an
AI strategy, helping business leaders bridge the chasm between
ambition and execution.
Download
the full report