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.

The ICEy Slippery Slope to Dystopia: Nothing New Under the Sun

If the federal government were actually serious about eliminating the illegal immigrant population in the United States, it would take the following steps.

BOMBSHELL: Minnesota Politicians Conspired with ICE Protesters!  

If Minnesota politicians conspired with ICE protesters, this could be the beginning of the end of the Democrat’s Party in the U.S.

Democrats, Spare US Your Fake Outrage Over 2 Deaths!  

America faces two crises: innocent Americans killed by criminal illegal immigrants, and protesters dying while trying to stop their deportations.

The Real Bill Cassidy Returns

U.S. Senator Bill Cassidy (R-LA) has a horrible history of voting with liberal Democrats and harshly criticizing President Donald Trump.

Babies in Incubators, Redux

No one ever accused Social Justice™ people of having mastered the art of subtlety in their propaganda.

IRS Urges Qualified Taxpayers to Claim Earned Income Tax Credit

The IRS is urging taxpayers to claim the Earned Income Tax Credit during EITC Awareness Day to help millions secure credits this tax year.

Trial to Begin in High-Stakes Social Media Addiction Trial

The hearing in California Superior Court, Los Angeles County, is a test case for similar lawsuits seeking damages over alleged harms caused by social media.

Trump Says He’s on ‘Similar Wavelength’ With Minnesota Gov. Walz

President Trump said he had a “very good” phone call with Minnesota Gov. Tim Walz and that the two are on a “similar wavelength” amid unrest in Minneapolis.

Judge Weighs Minnesota’s Request to Block Federal Immigration Enforcement Surge

A federal judge heard arguments from the state of Minnesota calling for an emergency block to the Trump admin’s deployment of ICE agents to the Twin Cities.

Trump Says Canada Will Face 100 Percent Tariffs if It ‘Makes a Deal With China’

President Trump says Canadian goods exported to the United States would be hit with 100 percent tariffs if Canada makes a deal with China.

Trump Rejects Proposal to Let Homebuyers Use 401(k) Funds for Down Payments

President Trump said that he rejected a proposal to allow Americans to withdraw money from their 401(k) accounts for home down payments.

Trump Withdraws Invitation for Canada’s Carney to Join Board of Peace

President Trump has withdrawn his invitation for Canadian PM Mark Carney to join the U.S.-led Board of Peace that will initially focus on rebuilding Gaza.

US Will Work With NATO on Greenland Deal: Trump

The USwill work with NATO to secure Greenland, with America having the freedom to “do anything we want,” President Trump told reporters.
spot_img

Related Articles