The AI industry has witnessed significant growth since the debut of ChatGPT in November 2022; according to the latest projections by Grand View research, this nascent market is estimated to hit $1.8 million in revenue by 2030.
But despite this bullish outlook, AI development is currently in the hands of a few corporations. A recently published article by the Financial Times indicated that Big Tech companies have lined up over $300 billion to be spent on the AI industry in 2025. Of course, this type of spending was expected given the ongoing AI race between prominent figures like Elon Musk and OpenAI’s Sam Altman as well as on a national level following China’s Deepseek latest strides.
The big question, however, is whether these key players, corporations or government authorities are best suited to drive the AI space forward?
This question has been a major topic of discussion in recent years as more digital users come to the realization that big tech has been r
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