The FTC director said current AI limitations would avoid “turbocharging” wrongdoing and favoring dominant corporations.
“Although these (AI) tools are novel, they are not exempt from existing rules, and the FTC will vigorously enforce the laws we are charged with administering, even in this new market,” FTC Chair Lina Khan said in a Wednesday New York Times opinion article.
Microsoft-backed (MSFT.O) OpenAI’s ChatGPT’s rapid ascent this year has triggered global calls for regulation amid worries about its potential for misconduct as firms use it to improve productivity. read on
She called the agency “well equipped” for the job.
AI assistance from cloud and computer companies may benefit entrepreneurs. AI may aid price-fixing.
Khan fears generative AI’s conversational English facilitating phishing emails.
“When enforcing the law’s prohibition on deceptive practices, we will look not just at the fly-by-night scammers deploying these tools but also at the upstream firms that are enabling them,” she wrote.
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