US FTC Chief Says Will Enforce Existing Laws to Curb AI Risks

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US FTC Chief Says Will Enforce Existing Laws to Curb AI Risks


The Federal Trade Commission’s chief stated the company was dedicated to utilizing current legal guidelines to rein in a number of the risks of synthetic intelligence, equivalent to enhancing the facility of dominant companies 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 within the New York Times on Wednesday.

The sudden recognition of Microsoft-backed OpenAI’s ChatGPT this 12 months has prompted world requires regulation amid considerations about its doable use for wrongdoing at the same time as firms search to use it to improve effectivity.

She described the company as “well equipped” to deal with the job.

One danger she famous was that companies that dominate cloud companies and computing would turn out to be much more highly effective as they assist startups and different companies launch their very own AI. AI instruments may be used to facilitate collusion to elevate costs.

Khan expressed concern that generative AI, which writes in conversational English, might be used to assist scammers write extra particular and efficient 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. 

© Thomson Reuters 2023  


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