US FTC to enforce law to curb risks of artificial intelligence
The Federal Trade Commission’s chief said the agency was committed to using existing laws to rein in some of the dangers of artificial intelligence, such as enhancing the power of dominant firms and “turbocharging” fraud.
![]()
“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 wrote in an opinion piece in the New York Times on Wednesday.
The sudden popularity of Microsoft-backed OpenAI’s ChatGPT this year has prompted global calls for regulation amid concerns about its possible use for wrongdoing even as companies seek to use it to enhance efficiency.
She described the agency as “well equipped” to handle the job.
One risk she noted was that firms that dominate cloud services and computing would become even more powerful as they help startups and other firms launch their own AI. AI tools could also be used to facilitate collusion to raise prices.
Khan expressed concern that generative AI, which writes in conversational English, could be used to help scammers write more specific and effective phishing emails.
Discover the stories of your interest
“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.
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines. For all the latest Technology News Click Here
Denial of responsibility! FineRadar is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.