Artificial intelligence could become a powerful economic engine for American communities, but a tech CEO warns that allowing a handful of companies to dominate the technology could lead to a much darker outcome.

Patmos CEO John Johnson joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss the race to develop artificial intelligence, concerns about centralized technological power and the infrastructure he says the U.S. needs to build to remain competitive.

“I think if we can continue to compete on the infrastructure side, we’re going to be OK against China. But the real problem is not China as much as it is a centralization of…

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