PYMNTS.com July 31, 2024
The Federal Trade Commission (FTC) said it is using “all the tools at its disposal” to oversee the rise of artificial intelligence (AI) technologies.
The commission made that statement Wednesday (July 31) when submitting comments to the Federal Communications Commission (FCC) about its efforts in the AI space.
The FTC is working “to address the rapid emergence of new technologies powered by AI and their potential risks to consumers and businesses,” it said, taking “action against companies that deceive users about their use of AI or use AI in unfair ways.”
The commission gives the example of its allegation that Amazon and Ring used private data — voice recordings collected by Amazon’s Alexa voice assistant and videos collected by Ring’s...
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