Science and Tech

The FTC is already eyeing AI competition

The FTC is already eyeing AI competition

According to Bloomberg, Khan noted that “developers of these tools can potentially be held liable if the technologies they are creating are indeed designed to deceive.” And he reaffirmed that before the progress, there will also be a follow-up from the regulators.

Khan’s focus has been, since he took over the FTC chairmanship in 2021, heavily on potential monopolies that exist in the technology industry. He has faced Amazon on wage theft charges, Meta on antitrust issues and Google on apparently misleading advertising.

Now it’s gearing up for another big battle in the coming months over the ban on non-compete agreements, which companies use to block workers from taking new jobs at the competition, plus this new focus around the Bard and ChatGPT.

And some of Khan’s successes have been recovering $60 million in lost wages for Amazon drivers and delivery people, as well as paying Epic Games a $520 million fine after being accused of cheating. to users with unwanted purchases and not having the best security controls towards children playing their video games.



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