Explore the risks involved in modern AI technologies such as ChatGPT. US Federal Trade Commission Chair Lina Khan has raised concern over its potential to "turbocharge" fraud. OpenAI, founded by technology entrepreneur Elon Musk, is committed to advancing AGI with their AI system.
The US Federal Trade Commission, led by Chair Lina Khan, has warned Congress about modern AI technologies, such as OpenAI's ChatGPT, which could be used to facilitate fraud. Khan and her colleagues have alerted House members of the associated risks and dangers of such technologies. OT has been established by FTC for law enforcement and policy work. ChatGPT, an AI chatbot with the capability of answering questions like humans, is being abused by fraudsters. OpenAI is a joint venture with Microsoft that focuses on advancing AI technology responsibly and safely. Its advanced AI-driven technologies are used by businesses, governments, and other organizations. Khan is an outspoken advocate for preventing deceptive practices and protecting consumers. Her expertise is crucial to the antitrust debate unfolding.
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.
This article explores the potential risks posed by AI tools such as OpenAI's ChatGPT, DALL-E 2, and Bard, and explains why the European Union's proposed AI Act may not be enough to cover them. We discuss the concerns highlighted by prominent AI scholars such as former Google AI ethicist Timnit Gebru and Mozilla Foundation President Mark Surman, and how the U.S. is just beginning to consider its own regulations. What implications will these decisions have for the AI industry worldwide?
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