Conceptoligopoly
Oligopoly
An economics term describing a market structure dominated by a small number of large firms that compete with one another while collectively maintaining high barriers to entry. In the AI field, it refers specifically to a market configuration in which a handful of technology giants control the capability to train frontier models.
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Sep 22
In economics, a market structure in which a small number of players compete with each other while jointly imposing extremely high entry barriers on peripheral participants is called an oligopoly.
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