US FTC Chairperson Lina Khan Warns Artificial Intelligence Technology Similar to ChatGPT Can Exacerbate Wide-Ranging Fraudulence

Date:

The US Federal Trade Commission Chair Lina Khan has recently warned Congress representatives of the risks involved with modern AI technologies such as ChatGPT, stressing that these could “turbocharge” fraud. Khan referred to the numerous opportunities made possible by AI but recommended caution in the face of its potential for fraud. In February, the agency launched its own Office of Technology (OT) which was tasked with providing technical expertise to support policy and law enforcement work.

ChatGPT—a chatbot developed by OpenAI to give human-like answers to questions—had been used by cybercriminals to create malicious software designed to steal data, prompting a warning from Khan. There have also been reports of the AI issuing false stories and accusations. For instance, highly respected law professor Jonathan Turley had been falsely named in a research project as a sexual harasser and Brian Hood—regional mayor of Hepburn Shire in Australia—had threatened to sue OpenAI after the AI falsely named him as convicted criminal.

Google recently made news when rumours about the potential for Samsung to abandon its services in favour of Microsoft’s Bing circulated. Google’s share prices have been in decline since then. Additionally, the tech giant is being anticipated to launch its Pixel Fold and Pixel 7a in May 2023, with leaked prices arousing interest.

OpenAI is a research laboratory established by technology entrepreneur Elon Musk, Microsoft co-founder Sam Altman, and others. It focuses on designing and shipping advanced AI algorithms, technologies and products. OpenAI is committed to advancing artificial general intelligence (AGI); their aim is to create an AI system that can study any category of knowledge, understand the world and perform various tasks.

See also  Discover how an AI startup raised $15 million to enhance post-hospital care through a 17-slide presentation.

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Security Concerns Surround Openai’s ChatGPT Mac App

OpenAI's ChatGPT Mac app raises security concerns with plain text storage and internal vulnerabilities. Protect user data now.

WhatsApp Beta Unleashes Meta AI: Transform Your Photos with ‘Imagine Me’ Feature

Unleash the power of Meta AI on WhatsApp Beta with the 'Imagine Me' feature to transform your photos into AI-generated creations.

Samsung Electronics Reports Surging Q2 Earnings Boosted by Memory Chip Demand

Samsung Electronics reports surging Q2 earnings, driven by memory chip demand. Positive outlook for innovation and growth in tech industry.

Nasdaq 100 Index Hits Record Highs, Signals Potential Pullback Ahead

Stay informed on potential pullbacks in the Nasdaq 100 Index as it hits record highs, with key levels to watch for using technical analysis.