FTC warns companies against making false AI claims

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business News News

Companies are latching onto the hot new AI trend. The feds are warning they're watching for false claims.

into their marketing, and services like Zoom Video Communications, as well as cybersecurity companies like Palo Alto Networks, have also said they've started using the tech.

"It is impossible to quantify what the impact of AI could be and equally possible that a wave of enthusiasm carries stocks with expertise in or exposure to AI, no matter how tenuous, higher and higher," Russ Mould, an investment director at AJ Bell told Bloomberg. "For generations we've told ourselves stories, using themes of magic and science, about inanimate things that we bring to life or imbue with power beyond human capacity," the blog post said."Is it any wonder that we can be primed to accept what marketers say about new tools and devices that supposedly reflect the abilities and benefits of artificial intelligence ?"

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Story definitely worth checking. Find the short note on it below:

Stop it now before it’s too late, seriously. Stop it now.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government Warns Tech Companies to 'Keep Your AI Claims in Check'With everyone and their mother getting into AI at the moment, the FTC firmly reminds businesses that it won't tolerate any BS marketing on AI products. We found this story so interesting that we had to create a short summary.
Source: futurism - 🏆 85. / 68 Read more »

Zelensky asks U.S. companies to help reconstruct UkraineUkrainian President Volodymyr Zelensky urged American businesses to begin investing in the country's reconstruction, even before its war with Russia is over. ZelenskyyUa of course, we will be there to help rebuild Ukraine! 🦋 Total clown world bullshit!
Source: axios - 🏆 302. / 63 Read more »