Today’s tech giants are at the heart of efforts by governments to promote AI innovation and competitiveness. This strategy has been encouraged by Big Tech corporations themselves, which have sought to portray themselves as the wellspring of AI innovation. But is Big Tech really delivering the kind of innovation we want as a society, and if not, how can we create space for alternative approaches to emerge? With this panel, the Open Markets Institute aims to challenge the prevailing narrative that tech giants are the main source of beneficial innovation. Panelists will discuss the benefits for innovation from open and competitive markets, and explore how different policy tools – from AI regulation and antitrust to industrial policy and procurement – can create a diverse innovation ecosystem that promotes the public interest instead of further entrenching today’s dominant tech firms.