US Federal Trade Commission Chair Lina Khan recently cautioned Congress representatives against modern AI technologies, such as OpenAI’s ChatGPT, which can be used to “turbocharge” frauds. Khan and her colleagues informed the House members of the associated risks due to the usage of such technologies.
In order to support its law enforcement and policy work, the FTC established an Office of Technology (OT) at the beginning of February 2021. ChatGPT, an AI chatbot with the capability to give answers to questions similar to those of humans, is increasingly used by online fraudsters in order to develop malicious tools that can steal sensitive data. As spotted by the Check Point Research (CPR) group, AI-driven ChatGPT was misused to falsely accuse an uninvolved law professor, Jonathan Turley, of committed sexual assault. Likewise, Brian Hood, a regional mayor of Hepburn Shire in Australia, threatened to sue OpenAI after being falsely named a convicted criminal associated with a bribery case in the Reserve Bank of Australia.
OpenAI is a co-creative venture with Microsoft, which focuses its research and development efforts on artificial intelligence technology. Founded in 2015, OpenAI’s mission is to advance digital intelligence in a free, responsible, and safe way. As a result, the company has been a driver of economic growth and increased human capabilities. OpenAI’s team consists of some of the brightest minds in the AI industry and has access to Microsoft’s massive computing power. Their advanced AI technologies contribute to various areas, such as autonomous vehicles, video game development, natural language processing and chat bots. OpenAI’s software is used by a wide range of businesses, governments, and other organizations, ranging from healthcare industry or hedge funds.
Lina Khan is an American lawyer and academic, currently serving as the Chair of the Federal Trade Commission. In this role, she plays a crucial role in overseeing the agency’s enforcement work, advocating for the interests of consumers, and protecting people from fraudulent and deceptive practices. Khan has earned a reputation as an effective champion for low-income and vulnerable consumers and an advocate for robust competition in the market. Khan has also been involved in the defining antitrust issues of our era, such as the looming battle between tech giants and the role of algorithmic pricing. Her authoritative and proactive stand on the evolving threats of technology has begun to shape the American antitrust regulations.
