FTC warns Congress that AI technology like ChatGPT could ‘turbocharge’ fraud and scams

TL;DR

Khan replied by agreeing that AI presented new risks for the FTC to manage, despite the other advantages it may present. written testimony the FTC’s work to reduce the scourge 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’ private health data collected by websites and apps; its handling of the COPPA (children’s privacy law) violations made by Fortnite maker Epic Games; its orders to online learning platform Chegg over its failure to protect personal data; its combating of junk fees and the inability for consumers to easily cancel subscriptions; deceptive practices in the gig economy; and more. The FTC’s\u00a0testimony specifically referred to the OT’s focus in areas like security and privacy, digital markets, augmented and virtual reality, the gig work economy, and ad tracking technologies, in addition to “automated decision-making,” or what could include AI

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