FTC attorney says agency concerned with generative AI use
By 
Adrianne Appel2023-05-02T19:30:00
Companies developing novel artificial intelligence (AI) tools might want to think carefully before laying off ethics personnel, an attorney with the Federal Trade Commission (FTC) warned.
The agency is closely tracking company use of AI tools for possible rule violations involving deception, discrimination, excessive manipulation, or unfairness, wrote Michael Atleson, an attorney in the FTC’s Division of Advertising Practices, in a blog post Monday.
Companies are now using chatbots and generative AI tools to influence people’s behavior, beliefs, and emotions. The FTC is likely to get involved if a chatbot directs people “unfairly or deceptively” into harmful decisions regarding finances, health, education, housing, and/or employment, Atleson said.
Related articles
-
News BriefFTC eases AI use investigation process
The Federal Trade Commission approved a measure streamlining its ability to issue civil investigative demands in investigations relating to artificial intelligence use.
-
News BriefCFPB: ‘Poorly deployed’ AI chatbots harming banking customer service
The Consumer Financial Protection Bureau flagged risks regarding expanded use of chatbots by financial institutions, specifically for customer service purposes.
-
News BriefFTC orders Amazon pay $30M for alleged Alexa, Ring privacy violations
Amazon is set to pay more than $30 million comprised of a civil penalty and consumer refunds to resolve two separate cases alleging privacy violations regarding its Alexa voice assistant service and Ring doorbell subsidiary.
More from Regulatory Policy
-
ArticleNew regulatory regimes for U.K. and EU ESG ratings firms could increase compliance costs
Environmental ratings are becoming big business as companies seek proof of sustainable and socially beneficial conduct. Firms that issue ratings on environmental, social and governance (ESG) performance are set to be regulated in the EU and U.K.
-
ArticleFRC’s plans for more flexible enforcement gains support
Plans to give the U.K.’s audit regulator more options to regulate firms for sloppy work have been largely well received by experts, who believe the current system is “inflexible,” “cumbersome,” and “slow.”
-
News BriefFDIC eases leverage rules for banks, citing lower risk burdens
The U.S. Federal Deposit Insurance Corporation issued a final rule to change the leverage capital requirements for both large and community banks. The agency said the modification will ”reduce disincentives a banking organization may have to engage in lower-risk activities.”