In an op-ed for The New York Times, Khan warned that generative AI could risk "turbocharging fraud," facilitate collusive behavior in price-setting, and strengthen the market dominance of large tech companies. This comes as President Joe Biden issued a 63-page executive order on AI safety and security, marking the first federal regulations on artificial intelligence systems.
Key takeaways:
- Lina Khan, chair of the Federal Trade Commission, has used generative AI to successfully contest a medical bill.
- She shared her experience on the New York Times podcast "Hardfork," but did not provide specific details about the bill or the prompts she used.
- In an op-ed for The New York Times, Khan argued that regulators must be vigilant with AI, as it risks facilitating fraud, collusive behavior in price-setting, and could strengthen the market dominance of large tech companies.
- President Joe Biden issued a 63-page executive order on Oct. 30 with new standards for AI safety and security, marking the federal government's first regulations on artificial intelligence systems.