Tag: Consumer protection

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.

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.

Learn about the potential risks of the rapid development of chatbot technology to consumers and the warnings made by European Consumer Organisation (BEUC) and tech giants. BEUC's Ursula Pachl is calling on EU bodies to investigate the influence of chatbots on the younger generation, especially for Microsoft's AI-powered bots like Bing and the yet-unauthorized AI, TruthGPT. Learn how Microsoft is addressing AI's marketability.

The US Federal Trade Commission (FTC) is fighting against frauds by warning us about the risks associated with modern AI technologies like ChatGPT. Chair Lina Khan, a Yale Law school graduate, is leading the organization in a safer, more technologically savvy direction. Let's join forces with the FTC to make a more secure and efficient marketplace for everyone.

At a recent FTC hearing, Commissioner Lina Khan expressed concerns about the potential risks of modern AI technologies such as ChatGPT. The Commission has taken steps to protect consumers from fraudulent practices potentially stemming from the use of such technologies, and launched the Office of Technology to assist with consumer protection. Commissioner Rebecca Slaughter followed Khan's remarks, highlighting the FTC's ability to adapt to new technologies. The company mentioned in this article was Opendoor, and the FTC warned them against deceptive claims related to the sale of homes.