US Regulators Say They Already Have Power to Crack Down on AI Misuse, Warn Firms to Comply With Laws

5Mind. The Meme Platform
The Epoch Times Header

A number of federal government agencies said on April 25 that they have the power to prevent unlawful “bias in algorithms and technologies” marketed as artificial intelligence (AI).

In a joint statement, four federal agencies—The Civil Rights Division of the United States Department of Justice, the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and the U.S. Equal Employment Opportunity Commission (EEOC)—noted that artificial intelligence is fast becoming mainstream in society.

The agencies pointed to AI use by both private and public entities to make “critical decisions that impact individuals’ rights and opportunities, including fair and equal access to a job, housing, credit opportunities, and other goods and services.”

However, they stressed that while such tools provide technological advancement, “their use also has the potential to perpetuate unlawful bias, automate unlawful discrimination, and produce other harmful outcomes.”

The four agencies then pointed to a number of steps they have already taken to protect American consumers from some of the negative aspects of increasingly more advanced AI, such as abusive use of the technology, repeat offenders’ use of AI technology, the utilization of algorithmic marketing and advertising and “Black box” algorithms, in which the internal workings are not clear to most people, including, in some cases, the developers themselves.

They went on to warn that companies that are already utilizing AI technology must do so in compliance with laws and regulations currently in place.

AI Tools Can ‘Turbocharge’ Fraud, Discrimination

“We already see how AI tools can turbocharge fraud and automate discrimination, and we won’t hesitate to use the full scope of our legal authorities to protect Americans from these threats,” said FTC Chair Lina M. Khan. “Technological advances can deliver critical innovation—but claims of innovation must not be cover for lawbreaking. There is no AI exemption to the laws on the books, and the FTC will vigorously enforce the law to combat unfair or deceptive practices or unfair methods of competition.”

By Katabella Roberts

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Gavin Newsom’s Supply Chain Califailure

Some people think Gov. Gavin Newsom is a communist or socialist. Some argue he is a far left progressive. “Time will tell.” And that time may be now!

Nick Shirley Drops His 2nd MN Fraud Video

Nick Shirley and his Minneapolis, MN researcher source are featured in a second documentary that consists of both an interview and field research.

Trump Heckler Suspended from Ford

TJ Sabula, a UAW Member Local 600 line worker at the Ford Rouge Plant in Dearborn shouted an insult at President Trump as Trump toured the plant.

Landman Series Broaches Woke in Season 2

Landman creator Taylor Sheridan is quite brilliant in how this segment of this first episode of his second season takes on the subject of woke.

The Right Needs to Make Their Lists, Apparently

The Democrats on the left, backed by their socialists and communists supporters, are hinting they want a civil war or revolution.

White House Seeking Emergency Power Auction for Nation’s Largest Electric Grid

Trump officials and bipartisan Mid-Atlantic governors urged an emergency power auction and pressed the nation’s largest grid operator to cut prices.

Trump Admin Pauses Tax Refund Seizures, Wage Garnishments for Defaulted Student Loans

The U.S. Department of Education will suspend, for now, tax refund seizures and wage garnishments for people in default on their federal student loans.

Walz Responds to Reports of Federal Probe for Allegedly Obstructing Law Enforcement

Gov. Walz said reports of federal probe into his remarks urging Minnesotans to act against federal immigration agents are an “authoritarian tactic.”

Maine Officials Say They’re Expecting ICE Operations in Coming Days

Top officials in Maine said they are expecting the Trump admin to send ICE agents to the state for enforcement operations soon.

Trump Unveils New Health Care Affordability Plan

President Trump unveils a new health care plan to lower costs via marketplace reforms, price negotiation, increased competition, and transparency.

Trump Says He Has No Plans to Fire Fed Chair Powell

President Donald Trump said in an interview that he has no plans to remove Federal Reserve Chairman Jerome Powell.

Trump Announces 25 Percent Tariff on Chips Not Used Domestically

President Trump signed an executive order to impose a 25 percent tariff on semiconductors imported into the United States that are not used domestically.

US to Suspend Visa Processing for 75 Countries

Somalia has been in the spotlight as there has...
spot_img

Related Articles