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The companies that built the last generation of digital infrastructure now control AI foundation models and the platforms powering them. With companies like Microsoft, Google, Amazon, and Meta positioned to dominate the AI era, what happens to competition, innovation, and access?
On CXOTalk episode 899, we speak with Lord Tim Clement-Jones CBE (former Chair, House of Lords AI Select Committee; author of "Living with the Algorithm") and Lord Chris Holmes MBE (Paralympic champion and tech policy architect) about market concentration, platform power, and the future of AI competition.
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We will explore:
Foundation model control and market dominance: when does scale become anticompetitive?
Strategic risks for businesses building on big tech AI platforms
Data advantages, compute barriers, and access inequality
Regulatory approaches that actually change behavior
Practical guidance for executives navigating platform dependencies
Whether you're deploying AI in your business, competing against big tech, or evaluating strategic partnerships, this conversation reveals the power dynamics shaping AI, and what leaders should do about it.
Episode Participants
Lord Chris Holmes has been a Member of the House of Lords since 2013. His core policy focus is on digital technology for the public good, with a particular interest in technologies such as AI and Blockchain, and areas of application such as: FinTech, GovTech, RegTech, Assistive Tech and EdTech. Lord Holmes writes regularly on these and related topics for Computer Weekly and Finextra. Other key policy areas are social mobility, employment, education, skills and culture, media and sports.
Lord Tim Clement-Jones is the Liberal Democrat House of Lords spokesperson for Science, Innovation and Technology. Former Chair of the House of Lords Select Committee on Artificial Intelligence which reported in 2018 with "AI in the UK Ready Willing and Able?" and its follow-up report in 2020 "AI in the UK: No Room for Complacency". He co-founded and has co-chaired the All-Party Parliamentary Group on Artificial Intelligence since 2017 and is author of the book, Living with the Algorithm.
Michael Krigsman is a globally recognized analyst, strategic advisor, and industry commentator known for his deep business transformation, innovation, and leadership expertise. He has presented at industry events worldwide and written extensively on the reasons for IT failures. His work has been referenced in the media over 1,000 times and in more than 50 books and journal articles; his commentary on technology trends and business strategy reaches a global audience.
Upcoming Live Schedule
Oct. 31: Lord Tim Clement-Jones and Lord Chris Holmes, Members, UK House of Lords
Nov. 14: Sangeet Paul Choudary, Author, Platform Thinking Labs
Nov. 21: Michael Lefenfeld, CEO, Hexion
Dec. 5: Dr. Joe Alexander, Jr., Director, Medical & Health Informatics Laboratories, NTT
Dec. 19: Christian Kleinerman, EVP of Product, Snowflake
Jan. 16: Prashant Mehrotra, EVP and Chief AI Officer, US Bank
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