Home » News » FTC says it won’t ‘hesitate to crack down’ on nefarious business practices involving AI & ChatGPT

FTC says it won’t ‘hesitate to crack down’ on nefarious business practices involving AI & ChatGPT

(Image Credit Google)
Lina Khan, commissioner of the Federal Trade Commission (FTC) (Image credit : ABC News) The Federal Trade Commission (FTC) chief issued a warning on Tuesday, saying the agency will not "hesitate to crack down" on companies that employ ChatGPT and other AI tools for illegal reasons. During a virtual press conference with top representatives from the American civil rights and consumer protection agencies on Tuesday, FTC Chair Lina Khan made the remarks. The use of specific AI technologies to increase bias in decisions about who to hire, how to measure employee productivity, or who is eligible for housing and loans has drawn a lot of criticism. [caption id="attachment_158044" align="aligncenter" width="1280"]GPT-4 Image credit : The AIGRID[/caption] Khan also highlighted the idea of the FTC using its antitrust authority to defend competition amid a fast-moving battle between computer companies like Google and Microsoft to sell more sophisticated tools that produce text, photographs, and other content that resembles the work of humans. "We all know that in moments of technological disruption, established players and incumbents may be tempted to crush, absorb or otherwise unlawfully restrain new entrants in order to maintain their dominance," Khan said. "And we already can see these risks. A handful of powerful firms today control the necessary raw materials, not only the vast stores of data, but also the cloud services and computing power that startups and other businesses rely on to develop and deploy AI products." Also read : FTC Issues Warnings to Companies About AI Abilities Claims
Even while Khan avoided mentioning any particular brands or goods, she voiced concern about the tools that con artists could use to "manipulate and deceive people on a large scale, deploying fake or convincing content more widely and targeting specific groups with greater precision."

By Awanish Kumar

I keep abreast of the latest technological developments to bring you unfiltered information about gadgets.

RELATED NEWS

In the ever-changing world of technology and retai...

news-extra-space

In a bid to capture the attention of users and dri...

news-extra-space

Apple is preparing for a game-changing move with i...

news-extra-space

Google has been making huge headways in artificial...

news-extra-space

Elon Musk's artificial intelligence firm, xAI, is ...

news-extra-space

In a digital showdown that has captured the attent...

news-extra-space
2
3
4
5
6
7
8
9
10