Tag: FTC

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.

End users beware: the FTC’s warning that advanced AI technology, like ChatGPT, could be used to “turbocharge” fraud and scams is a stark reminder of the risks posed by this tech. FTC Chair Lina Khan and fellow commissioners outline strategies to protect against these threats and promote a safe, well-regulated economic environment.

. Regulators around the world are increasing their focus on Artificial Intelligence for its potential risks when used for commercial purposes. Companies must be aware of potential enforcement in The US where the FTC has laid out guidelines to avoid deceptive practices when deploying generative AI. With ChatGPT being used as an example, OpenAI has had to face bans in various countries due to privacy concerns. It is essential for companies to understand and adhere to the FTC’s guidelines as well as international privacy regulations to remain compliant.

OpenAI, a San Francisco-based artificial intelligence research lab, is battling to make AI for the Common Good. Led by CEO Sam Altman and CTO Greg Brockman, the non-profit has initiated debates worldwide, calling for regulators and industry players to ensure the safety of consumers. With OpenAI's moves to release powerful GPT-4 models, the Center for AI and Digital Policy has taken action, filing a complaint to the FTC to regulate the industry.

OpenAI, backed by Microsoft, is lifting the ban on their ChatGPT service in Italy, with a new data protection regime in place. The agreement includes transparent data processing and an age verification system to ensure user privacy and safety while using the ChatGPT service. This agreement also addresses a range of privacy matters, enabling users and non-users to object to the processing of their personal data. With the help of advanced AI technologies, OpenAI is setting new standards for responsible data processing.