Tag: Consumer protection
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Microsoft-backed OpenAI under investigation by FTC
The U.S. Federal Trade Commission investigates OpenAI over consumer protection concerns. What does this mean for OpenAI's popular chatbot, ChatGPT?
FTC Aims to Prohibit Counterfeit Reviews
FTC proposes ban on fake reviews amid growing threat of AI chatbots. Protecting consumers and promoting reliable feedback. Learn more.
Consumer Group Urges EU to Investigate Risks of Generative AI
The BEUC warns of potential consumer harm from generative AI and urges for immediate regulatory investigations. AI poses risks of bias, disinformation, and fraud. EU implements AI law to categorize risks.
Tim Cook Expresses 3 Concerns While Considering ChatGPT: The Motley Fool
Apple CEO, Tim Cook, considering integrating generative AI chatbox, ChatGPT in their business model. However, Cook has concerns about political bias, fake news, and regulation as companies take on AI. It's important for companies to remain vigilant and self-regulate until viable regulatory systems can be established.
10 Key Questions to Ask a VC, Antitrust and AI, and Investor Survey in Japan: TechCrunch+ Roundup
Seed-stage startups face a 52% decrease in deals for Q1 2023, urging founders to reassess the value of their investors. Law firms warn that AI-enabled technology development may create legal issues, and federal and state law violation risks. In contrast, the Fed's new initiative, FedNow, will allow instant payments 24/7/365, paving the way for fintech companies' growth, while Japan's VC market hit a record high in 2022. Learn more about these trends and the strategies of investors active in Japan's startup ecosystem in this informative article.