FTC sues firms using AI to mislead consumers
Source Cryptopolitan
The Federal Trade Commission (FTC) announced it is cracking down on errand companies using AI schemes to deceive people. This is being carried out under the new law enforcement sweep known as Operation AI Comply.
According to the agency, companies that have enabled the manipulation of AI tools to create fake reviews, for instance, will not be spared.
In addition to that, companies that claim they can use AI to help consumers to make more money will also fall under this category and face the wrath of the agency.
“Using AI tools to trick, mislead, or defraud people is illegal,” said FTC chair Lina M. Khan.
This is a developing story
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Some top coins of Solana, Bitcoin, and even Ethereum are edging higher. However, while holders are barely up double digits over the past week, a meme coin trader on Solana is swimming in profits at
USD/JPY holds steady above 143.00 despite softer US DollarThe USD/JPY pair trades flat near 143.20 despite the weaker US Dollar (USD) during the early Asian session on Wednesday. However, the rising expectation of a jumbo rate cut by the US Federal Reserve (Fed) in November might continue to weigh on the pair.
The USD/JPY pair trades flat near 143.20 despite the weaker US Dollar (USD) during the early Asian session on Wednesday. However, the rising expectation of a jumbo rate cut by the US Federal Reserve (Fed) in November might continue to weigh on the pair.
Investing.com -- Bank of America (NYSE:BAC) double-downgraded Triumph Group (NYSE:TGI) to Underperform from Buy, citing concerns about the company's reliance on uncertain production rates from Boeing
The People's Bank of China (PBOC) cut the one-year Medium-term Lending Facility (MLF) rate from 2.30% to 2.0% on Thursday.
Shiba Inu (SHIB) may be on its way to reclaim former price highs, as a crypto analyst identified as the ‘Charting Guy’ has confirmed the reappearance of a unique symmetrical triangle pattern on the SHIB price chart.
