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FTC Chair: AI Regulation Needed to Prevent Monopolies and Rights Violations

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Overview

  • Generative artificial intelligence has vast implications for how people live, work and communicate around the world.
  • The Web 2.0 era resulted in an online economy where access to essential services is conditioned on the hoarding and sale of personal data.
  • As the use of A.I. becomes more widespread, public officials have a responsibility to ensure this hard-learned history doesn’t repeat itself.
  • The expanding adoption of A.I. risks further locking in the market dominance of large incumbent technology firms.
  • AI tools risk automating discrimination and violating user privacy, and existing laws prohibiting discrimination will apply.