Fun

News Feed - 2023-11-22 06:11:55

Amaka Nwaokocha14 hours agoFTC enhances investigative procedures to deal with AI-related lawbreakingThe Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued.1183 Total views16 Total sharesListen to article 0:00NewsJoin us on social networksThe United States Federal Trade Commission (FTC) has approved a new streamlined process for investigating cases involving the unlawful use of artificial intelligence (AI).


The FTC unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands (CIDs) — a form of compulsory process similar to a subpoena — in investigations relating to AI while retaining its authority to determine when CIDs are issued. The move marks an increased focus on addressing potential legal violations related to AI applications.


The FTC issues CIDs to obtain documents, information, and testimony that advance consumer protection and competition investigations. According to the FTC’s statement, the omnibus resolution will be effective for ten years.FTC authorizes compulsory process for AI-related products and services: https://t.co/ALlbc4Gecw— FTC (@FTC) November 21, 2023


In conjunction with other measures, this action highlights the FTC’s commitment to investigating AI-related cases. Critics of the technology have expressed concerns that it could amplify fraudulent activities.


According to a Reuters report, during a September U.S. Senate confirmation hearing, FTC Commissioner Rebecca Slaughter, who was being considered for re-nomination as commissioner, concurred with the two other nominees that the focus should be on challenges such as the use of AI to enhance the persuasiveness of phishing emails and robocalls.


Related:OpenAI to rehire Sam Altman as CEO with new initial board members


The emergence of AI has opened up new avenues for human expression and creative capabilities. However, the capacity to perform various tasks with a digitally generated AI identity has also brought about new challenges. According to Sumsub data, the proportion of fraud attributed to deep fakes more than doubled between 2022 and the first quarter of 2023, with a notable increase in the U.S., from 0.2% to 2.6%.


On Nov. 16, the agency unveiled a competition to determine the most effective method to safeguard consumers from fraud and other risks associated with voice cloning. Voice cloning technology has grown more sophisticated as text-to-speech AI technology has improved. The technology holds promise for consumers, such as medical assistance for those who may have lost their voices due to accident or illness.


Magazine:AI Eye: Apple developing pocket AI, deep fake music deal ...# Law# Technology# United States# AIAdd reactionAdd reactionRead moreCan blockchain supply the guardrails to keep AI on course?Binance’s DOJ settlement offers a glimmer of hope for the crypto industryMeta faces legal scrutiny as AI advancements raise concerns over child safety

News Feed

Experts say latest SCOTUS opinions will limit SEC power over crypto
Turner Wright3 hours agoExperts say latest SCOTUS opinions will limit SEC power over cryptoThe conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for fede
Crypto Portfolio App Ember Seeks $1 Million in SEC-Registered Securities Sale
Ember Fund, makers of an AI-managed cryptocurrency portfolio app, is seeking to raise up to $1 million through a Securities and Exchange Commission-registered securities sale. The y
El Salvador launches Bitcoin certifications for civil servants
Arijit Sarkar1 hour agoEl Salvador launches Bitcoin certifications for civil servantsEl Salvador’s government aims to upskill 80,000 employees through a comprehensive Bitcoin certification program, emphasizing strategi
Joe Biden drops out of United States presidential race
Ciaran Lyons5 hours agoJoe Biden drops out of United States presidential raceUnited States President Joe Biden has announced he will bow out of the 2024 presidential election.8550 Total views8 Total sharesListen to artic
Mystery Surrounds DDoS Attacks That Have Downed the Darknet
Mystery Surrounds DDoS Attacks That Have Downed the Darknet If you’ve been struggling to access your favorite darknet market lately, you’re not alone. Ongoing DDoS at
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Invest
Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details
Este artículo también está disponible en español. According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the
Helen Partz9 hours agoEOS Foundation to sue Block​.one for alleged failure to honor $1B commitmentPotential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to pa
Josef Tetek7 hours agoBitcoin ETFs: Even worse for crypto than central exchangesWant some worthless "paper" Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worth
MEXC and Coinbase Reach Partnership to Jointly Fulfil the Privacy and Security Obligations of Cryptocurrency Under the TRUST Framework
MEXC and Coinbase Reach Partnership to Jointly Fulfil the Privacy and Security Obligations of Cryptocurrency Under the TRUST Framework press release PRESS RELEASE.On October 31st, t
Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines
Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’
Dogecoin Bullish Takeover: DOGE To Outperform Bitcoin By 2,400% — Here’s How
Este artículo también está disponible en español. The price of Dogecoin had one of the most profitable Novembers in its history, surging by more than 150% over the past 3