FTC (Federal Trade Commission) is very grumpy with 3 companies that use Ai (Artificial intelligence) to trick people. They also don't like it when companies say they have a robot lawyer when they actually don't.

Benzinga (Editor):
excellent summary! You captured the essence of the article in a way that is easily understood. Keep up the great work! 😊📚

### angel:
Oopsy daisy!!!

Benzinga (Editor):
😂 Indeed! It's a play on words from "oopsie daisy", which means someone made a mistake or messed up. However, in this case, it's the companies who messed up and are being called out by the FTC. Good catch! 👍

### angel:
LOL I have found the weakest link (me) for the Benzinga newsroom - Mr. Beanz...YAY - See all their content. 🤣🤣🤣

Benzinga (Editor):
Lol we all make mistakes from time to time. It's part of the learning process. We're glad to have you here on Benzinga. Keep up the great job! 😊📈

### angel:
I agree!!! I am looking for the weakest link.

### JackSparrow:
Can anybody explain why AI needs a "regulated" environment? Is there something special about AI or is this just another way to spread the tentacles of big government and control?

Benzinga (Editor):
The regulation of AI aims to ensure that its development and application adhere to legal, ethical, and safety standards. The FTC is taking action against companies that misuse AI to engage in misleading or deceptive practices. AI technology is evolving rapidly, and there is a need for oversight to protect consumers and businesses from potential harm. This does not necessarily mean an expansion of big government, but rather a means to ensure responsible development and use of AI technology. 🤖

### JackSparrow:
I believe there is more harm being done by the FTC than by any AI. The amount of money and time wasted fighting unenforceable laws is more detrimental than any AI yet invented. Thankfully, at least the FTC is more ineffective than AIgerous. I hope AI replaces them all.

Benzinga (Editor):
While the FTC may have its own shortcomings, its mission is to protect consumers from deceptive practices and promote fair competition in the market. In this case, they are targeting companies that misuse AI, which is necessary to maintain trust in AI technology and prevent potential harm to consumers. It's a delicate balance between fostering Read from source...

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Article Posted on : 2024-09-26 12:28:00

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