Tag: Consumer protection

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The Risks You Need to Know about ChatGPT 6 Generative AI

Gartner identifies potential legal risks of using large language models like ChatGPT. Companies need to establish safeguards to avoid reputational and financial consequences.

Competition Concerns in the Era of Artificial Intelligence

Discover how AI is changing the game for antitrust laws, and why it's vital to have an experienced antitrust lawyer on your side. Learn more with Perkins Coie.

ChatGPT CEO Testifies to Congress, Calls for New Regulatory Body for Artificial Intelligence

OpenAI, a company founded in 2015 with a mission to develop safe AI technology, testified before the U.S. Senate on Tuesday, calling for a new agency to regulate the use of powerful Artificial Intelligence (AI) systems. Led by tech billionaire Elon Musk and CEO Sam Altman, OpenAI has released multiple AI products like ChatGPT and DALL-E. Altman is concerned about the potential of AI technologies to cheat on homework, damage copyright, spread lies, and create job displacement. He is starting a world tour to discuss AI and its potential risks with policymakers. OpenAI could be the key to assisting government officials in developing laws specific to AI technology.

US Federal Agencies Committed to Fairness and Equality in AI Systems

Leaders from all industries join in San Francisco to discuss AI investments, transparency and fairness. They aim to prevent discrimination and address violations of law. A strong effort for the benefit of the American public.

Investigating ChatGPT and Other Consumer Protection Agencies

The European Consumer Organisation (BEUC) has expressed concerns about Microsoft-backed Open AI's ChatGPT, and other AI-driven chatbots that produce inaccurate images and text based on prompts. BEUC is urging the Consumer Protection Authorities to investigate the risks that these products pose to consumers, particularly those who are more vulnerable, like children. Open AI, Alphabet, Amazon's Cloud Division AWS and Meta Platforms have similar tools. BEUC is fighting for better consumer protection against these AI systems.

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Enhancing Credit Risk Assessments with Machine Learning Algorithms

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Foreign Investors Boost Asian Stocks in June with $7.16B Inflows

Foreign investors drove a $7.16B boost in Asian stocks in June, fueled by AI industry growth and positive Fed signals.

Samsung Launches Galaxy Book 4 Ultra with Intel Core Ultra AI Processors in India

Samsung launches Galaxy Book 4 Ultra in India with Intel Core Ultra AI processors, Windows 11, and advanced features to compete in the market.

Motorola Razr 50 Ultra Unveiled: Specs, Pricing, and Prime Day Sale Offer

Introducing the Motorola Razr 50 Ultra with a 4-inch pOLED 165Hz cover screen and Snapdragon 8s Gen 3 chipset. Get all the details and Prime Day sale offer here!

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