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US regulators put AI industry on notice.
The Justice Department and Federal Trade Commission, along with two other regulatory agencies, are warning companies that they don’t need new laws to start regulating AI:
“Each agency here today has legal authorities to readily combat AI-driven harm,” FTC Chair Lina Khan said. “Firms should be on notice that systems that bolster fraud or perpetuate unlawful bias can violate the FTC Act. There is no AI exemption to the laws on the books.
Even before the generative AI boom of this year, Khan had told companies that biased AI tools, especially when applied in areas like housing or employment, could be illegal.
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