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.

Is Believing Seeing?

What if believing in something is not simply the result of seeing it, but the very mechanism that allows it to be seen in the first place?

‘Schools’ Out’

Alice Cooper's biggest hit could be a clarion call for U.S. public education, "Schools Out" because parents are choosing new options.

Fat Propaganda Roundup: Oprah’s Triumph

The vicious jihad that Oprah Winfrey has waged against her own corpulent body mass has concluded, with the pop culture icon as the undisputed victor.

Trump’s SCOTUS “Foreign Interests” Comment Explained

We've addressed claims Trump’s tariffs were illegal, but not his accusation that court members are influenced by foreign interests.

The Party Of Hate Is Unleashing Political Violence

Sec. Scott Bessent placed blame for violence against President Trump squarely on the Democrat Party who are “normalizing this violence. It’s got to stop.”

Netflix Abandons Warner Bros. Bid; Paramount Set to Take Over

Netflix Inc. will walk away from its proposal to buy Warner Bros Discovery after declining to match Paramount Skydance’s latest offer.

Hillary Clinton Says She Knew Nothing About Jeffrey Epstein’s Crimes

Hillary Clinton told Congress she has no knowledge of crimes by sex offenders Jeffrey Epstein or Ghislaine Maxwell.

Is Social Media Addiction Real? Expert Testimony Takes Center Stage in Landmark Trial

Experts say youth social media addiction is rising, but definitions, diagnosis, treatment standards, and its true scope remain unclear.

Patel Says Biden’s FBI Obtained His and Susie Wiles’s Phone Records

FBI Dir. Kash Patel claims the FBI under Biden obtained his and Susie Wiles’s phone records as private citizens and tried to conceal it.

10 Memorable Moments From Trump’s State of the Union Address

President Trump delivered the longest SOYU address in recorded U.S. history, punctuating it with emotional moments and real-life stories to illustrate policy.

Vance Announces New Phase of Fraud Investigations, Withholds $259 Million in Medicaid Funds From Minnesota

VP JD Vance announced new anti-fraud efforts during a press conference with Dr. Mehmet Oz, CMS administrator, targeting waste and abuse.

Trump Proposes New Retirement Account for US Workers Without 401(k) Access

During his State of the Union, President Trump proposed a new retirement program giving Americans without 401(k)s access to savings accounts.

Trump Hails ‘Turnaround for the Ages’ in State of the Union

President Trump delivers first second-term State of the Union, touting economic gains and saying his America First agenda is working for Americans.
spot_img

Related Articles

Popular Categories

MAGA Business Central