FTC Streamlines Investigation Process for AI-Related Legal Violations
Summary:
The U.S. Federal Trade Commission (FTC) has approved a new streamlined process for investigating illegal use of artificial intelligence (AI). This move underscores the FTC's commitment to addressing potential legal breaches associated with AI. The commission also aims to tackle challenges related to the use of AI in deceptive practices such as phishing emails and robocalls. The advent of AI has led to an increase in fraud cases, with a notable upturn in the U.S. To safeguard consumers from AI-related fraud, the FTC has introduced a competition to find the most effective method to protect against risks associated with voice cloning technology.
A new compact procedure for the investigation of illicit employment of artificial intelligence (AI) has been sanctioned by the U.S. Federal Trade Commission (FTC), indicating a heightened determination towards confronting potential legal infractions associated with AI utilities. The commission supported in unison an initiative to simplify the FTC personnel's competency to deliver civil investigative demands (CIDs), a compulsion process parallel to a subpoena, in investigations tied to AI, while preserving the Commission’s authority to dictate when CIDs are dispatched. In order to forward FTC investigations surrounding consumer protection and competition, the FTC hands out CIDs to secure documents, information, and evidence. The 'omnibus resolution', as termed by the FTC's announcement, will have potency for a decade.
The FTC's pledge to probe into cases affiliated with artificial intelligence is emphasized by this activity added to other steps. Critics of the technology have manifested anxiety that it could accelerate deceptive practices. A report denotes that during a hearing in September, Commissioner Rebecca Slaughter, a Democrat nominated for another term, agreed with two Republicans in the agency. They concurred on the idea to target obstacles like the employment of AI to augment the effectiveness of phishing emails and robocalls.
With the advent of AI, fresh possibilities for human creativity and articulation have surfaced. But, the ability to execute diverse chores with a digitally produced AI persona has also summoned new challenges to triumph over. As stated by Sumsub data, the fraction of fraud imputed to deep fakes escalated more than twofold from 2022 to Q1 2023, marking a significant augmentation in the United States, from 0.2% to 2.6%.
The agency revealed a contest on November 16, intended to determine the most efficient method to protect consumers from fraud and other perils inherent with voice cloning. Voice cloning technology has become more advanced just as text-to-speech AI technology has progressed. The technology offers prospects for consumers, such as healthcare aid for individuals who may have forfeited their voices owing to accident or disease.
Published At
11/22/2023 9:48:55 AM
Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.
Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal?
We appreciate your report.