• Latest
  • Trending
  • All
US Justice Department Warns It Is Coming for AI

US Justice Department Warns It Is Coming for AI

March 14, 2023
How the Riot Platform Diversifies Its Mining Operations As Shares Tumbled 85% – Cryptopolitan

How the Riot Platform Diversifies Its Mining Operations As Shares Tumbled 85% – Cryptopolitan

March 23, 2023
What Makes Dogecoin So Popular Today?

What Makes Dogecoin So Popular Today?

March 23, 2023
What can Ethereum’s [ETH] declining gas fees mean for the protocol? Analyzing…

What can Ethereum’s [ETH] declining gas fees mean for the protocol? Analyzing…

March 23, 2023
Coinbase Enters The Brazilian Market Partnering With Pix Payment App

Coinbase Enters The Brazilian Market Partnering With Pix Payment App

March 23, 2023
SEC’s new crypto suit alleges market manipulating wash trading

SEC’s new crypto suit alleges market manipulating wash trading

March 23, 2023
Ethereum Price Dips as Markets Digest Latest Fed’s Interest Rate Decision

Ethereum Price Dips as Markets Digest Latest Fed’s Interest Rate Decision

March 23, 2023
Fidelity and BlackRock Expands into BTC and ETH Space amid Crypto Prolonged Winter

Fidelity and BlackRock Expands into BTC and ETH Space amid Crypto Prolonged Winter

March 23, 2023
Asian Gaming Giant Nexon Taps Polygon for MapleStory Universe

Asian Gaming Giant Nexon Taps Polygon for MapleStory Universe

March 23, 2023
Taco Bell’s Metaverse Wedding Actually Happened

Taco Bell’s Metaverse Wedding Actually Happened

March 22, 2023
Freeze, Hackers! You’re Under Protest! American Legal System Takes Steps Towards Recovering Stolen Assets | Ingram Yuzek Gainen Carroll & Bertolotti, LLP

Freeze, Hackers! You’re Under Protest! American Legal System Takes Steps Towards Recovering Stolen Assets | Ingram Yuzek Gainen Carroll & Bertolotti, LLP

March 22, 2023
Dogecoin Price Prediction 2023 – 2030

Dogecoin Price Prediction 2023 – 2030

March 22, 2023
Bitcoin and Ether Hold Up with Recent Gains while Awaiting Fed Rate Hike Decision

Bitcoin and Ether Hold Up with Recent Gains while Awaiting Fed Rate Hike Decision

March 22, 2023
Thursday, March 23, 2023
DLT EMPIRE
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market
No Result
View All Result
DLT EMPIRE
No Result
View All Result
Home Artificial Intelligence

US Justice Department Warns It Is Coming for AI

by Cuevas Antonio
March 14, 2023
in Artificial Intelligence
0
US Justice Department Warns It Is Coming for AI
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

U.S. Department of Justice (DOJ) antitrust chief Jonathan Kanter warned that the growth of AI technology will “not escape regulatory scrutiny” because of the potential competitve dangers that could arise from its use.

Kanter, who heads the DOJ’s Antitrust Division, said the agency hired several data scientists and other technology experts to spearhead its artificial intelligence initiative code-named “Project Gretzky”, American publication Axios reported.

Confronting AI head-on

It is all part of preparations to confront issues posed by the development and growth of AI, said Kanter. “We use the term [artificial intelligence] as if it’s a very narrow category, but these are just tools,” Kanter stated at the South by Southwest Festival in Austin, Texas recently.

“When we think about AI, we think about it as a tool…it’s really important that we understood that, so we’ve hired data scientists and are bringing in expertise to make sure we have the ability to understand that tech.”

Under Kanter, who is also DOJ Assistant Attorney General, the division has already hired “a chief economist with a background in computer science and machine learning,” according to some media reports.

The drive to recruit more tech experts shows concerns “about how companies may use data and algorithms to target consumers with highly personalized offers, recommendations and information that may entrench a company’s dominance.”

Kanter revealed that the Department of Justice has code-named its AI initiative “Project Gretzky”. The project was named after legendary Canadian ice hockey player Wayne Gretzky – famed for a line about “skating to where the puck is going,” Axios reported.

Risk of price-fixing via AI

Artificial intelligence is a powerful and promising new technology. The AI hype reached fever-pitch with the launch of OpenAI’s chatbot ChatGPT in November. Since then, have spent billions of dollars to ensure that AI is at the center of all sorts of products and services.

Over the past two months alone, Microsoft integrated ChatGPT into its Bing search engine and Google unveiled a ChatGPT-like service for search called “Bard“. Chinese tech giant Baidu is expected to launch a similar AI service, known as “Ernie Bot”, this month.

Grammarly and Slack have both added AI. Judges in Columbia used AI to rule on cases. The list is long.

DOJ’s Jonathan Kanter is worried that artificial intelligence could “facilitate price-fixing.” In 2022, he said that companies that use AI to program their services “may need to start training their AI to steer clear of cartel enforcement action by the Department of Justice.”

More recently, CNN quoted Kanter as saying, “One of the things we’re confronting in any market we address today. Whether it’s healthcare, energy, consumer tech, enterprise tech and everything in between, the importance of data is so significant.” He added:

“[It is] so substantial that we need to understand at an expert level how that data is used, how it affects the economics, how it affects the potential for tipping, moat-building and other competitive dynamics.”

Regulators sound tough on AI

Kanter has shaked things up since his appointment to the Assistant Attorney General position in November 2021. He leads a division with a staff complement of 800, and has been aggressive enforcing laws aimed at “fighting and blocking big deals.”

Since coming to office, Kanter has challenged six merger transactions in the U.S. High Court, including one lawsuit that targeted Google’s dominance in the online advertising business.

The antitrust boss told Politico in January that his aggressive strategy of taking companies to court “gives him the chance to forge long-term precedent that shapes the government’s ability to constrain what it sees as excessive corporate power.”

Kanter’s comments come on the backdrop of similar statements from Margrethe Vestager, Executive Vice-President of the European Commission. Vestager warned that her team is on guard to curb potential competition abuses in the metaverse and in AI.

She said the EU has started to investigate how language AI models such as ChatGPT are changing the landscape.

This article is originally from MetaNews.

Share196Tweet123Share49
Cuevas Antonio

Cuevas Antonio

  • Trending
  • Comments
  • Latest
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 20, 2023
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 19, 2023
ChatGPT is Being Used to Make ‘Quality Scams’

ChatGPT is Being Used to Make ‘Quality Scams’

March 20, 2023
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

0
24 Crypto Terms You Should Know

24 Crypto Terms You Should Know

0
Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

0
How the Riot Platform Diversifies Its Mining Operations As Shares Tumbled 85% – Cryptopolitan

How the Riot Platform Diversifies Its Mining Operations As Shares Tumbled 85% – Cryptopolitan

March 23, 2023
What Makes Dogecoin So Popular Today?

What Makes Dogecoin So Popular Today?

March 23, 2023
What can Ethereum’s [ETH] declining gas fees mean for the protocol? Analyzing…

What can Ethereum’s [ETH] declining gas fees mean for the protocol? Analyzing…

March 23, 2023

Recent News

How the Riot Platform Diversifies Its Mining Operations As Shares Tumbled 85% – Cryptopolitan

How the Riot Platform Diversifies Its Mining Operations As Shares Tumbled 85% – Cryptopolitan

March 23, 2023
What Makes Dogecoin So Popular Today?

What Makes Dogecoin So Popular Today?

March 23, 2023

Categories

  • Altcoin
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Crypto Mining
  • Cryptocurrencies
  • Culture
  • Dogecoin
  • Education
  • Ethereum
  • Featured
  • Litecoin
  • Market
  • News
  • Uncategorized

Follow Us

Recommended

  • How the Riot Platform Diversifies Its Mining Operations As Shares Tumbled 85% – Cryptopolitan
  • What Makes Dogecoin So Popular Today?
  • What can Ethereum’s [ETH] declining gas fees mean for the protocol? Analyzing…
  • Coinbase Enters The Brazilian Market Partnering With Pix Payment App

© 2023 Dlt Empire | All Rights Reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market

© 2023 Dlt Empire | All Rights Reserved