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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/04\/18\/ftc-warns-congress-that-ai-technology-like-chatgpt-could-turbocharge-fraud-and-scams\/<\/a><\/br> In a Congressional hearing<\/a> on Tuesday focused on the Federal Trade Commission\u2019s work to protect American consumers from fraud and other deceptive practices, FTC Chair Lina Khan and fellow commissioners warned House representatives of the potential for modern AI technologies, like ChatGPT, to be used to \u201cturbocharge\u201d fraud. The warning was issued in response to an inquiry over how the Commission was working to protect Americans from unfair practices related to technological advances.<\/p>\n Khan replied by agreeing that AI presented new risks for the FTC to manage, despite the other advantages it may present.<\/p>\n \u201cAI presents a whole set of opportunities, but also presents a whole set of risks,\u201d Khan told the House representatives. \u201cAnd I think we\u2019ve already seen ways in which it could be used to turbocharge fraud and scams. We\u2019ve been putting market participants on notice that instances in which AI tools are effectively being designed to deceive people can place them on the hook for FTC action,\u201d she stated.<\/p>\n Khan additionally warned that AI\u2019s ability to turbocharge fraud should be considered a \u201cserious concern.\u201d<\/p>\n To help combat the problem, the FTC Chair noted its technologists were being embedded across the agency\u2019s work, both on the consumer protection side and the competition side, to ensure that any issues with AI would be properly identified and handled.<\/p>\n In a follow-up, FTC Commissioner Rebecca Slaughter downplayed Khan\u2019s remarks by explaining the FTC had adapted to new technologies over the years and has the expertise to adapt again to combat AI-powered fraud.<\/p>\n \u201cThere\u2019s a lot of noise around AI right now and it\u2019s important because it is in revolutionary technology in some ways,\u201d Slaughter said. \u201cBut our obligation is to do what we\u2019ve always done \u2014 which is apply the tools we have to these changing technologies, make sure that we have the expertise to do that effectively, but to not be scared off by the idea that this is a new revolutionary technology, and dig right in on protecting people,\u201d she said.<\/p>\n The Commission testimony, delivered by Khan, Slaughter, and Commissioner Alvaro Bedoya, was presented before the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce, and addressed a wide range of topics beyond AI.<\/p>\n Among those that intersected with technology, the agency representatives detailed in their written testimony<\/a> the FTC\u2019s work to reduce the scourage of spam phone calls; its warning to online home buyer Opendoor regarding its deceptive claims about potential sales prices; the deceptive claims made by members of the crypto community; its work to protect consumers\u2019 private health data collected by websites and apps; its handling of the COPPA (children\u2019s privacy law) violations made by Fortnite maker Epic Games; its orders to online learning platform Chegg over its failure to protect personal data; its combatting of junk fees and the inability for consumers to easily cancel subscriptions; deceptive practices in the gig economy; and more.<\/p>\n
\nFTC warns that AI technology like ChatGPT could \u2018turbocharge\u2019 fraud<\/br>
\n2023-04-18 21:38:07<\/br><\/p>\n