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Technology

Technology

U.S. FTC should enforce legislation to reduce artificial intelligence risks-chief

FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportatio... FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee hearing on the nomination of Former Senator Bill Nelson to be NASA administrator, on Capitol Hill in Washington, U.S., April 21, 2021. Graeme Jennings/Pool via REUTERS
FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportatio... FTC Commissioner nominee Lina M. Khan testifies during a Senate Commerce, Science, and Transportation Committee hearing on the nomination of Former Senator Bill Nelson to be NASA administrator, on Capitol Hill in Washington, U.S., April 21, 2021. Graeme Jennings/Pool via REUTERS

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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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