USA, October 31, 2024 — As deepfake technology becomes increasingly sophisticated, U.S. regulators are taking action against AI misuse using existing fraud and deceptive practice rules.
The Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) are applying current laws creatively to target AI-driven deception. FTC Chair Lina M. Khan declared,
Using AI tools to trick, mislead, or defraud people is illegal.
These deepfakes can mislead the public, with fake executive statements capable of manipulating stock prices. Attorney Joanna Forster said,
When a deepfake is created with the intent to deceive, that is a classic element of fraud.
To counteract these threats, companies are urged to establish strict AI policies. Edward Lewis, CEO of CyXcel, stressed the importance of controlling AI access:
We need controls much like other cybersecurity measures.
California recently faced legal challenges in banning deepfakes in elections. A federal judge ruled that such a law violated free speech, highlighting the complexities of AI regulation.
Despite varied state laws, there is no federal legislation specifically for deepfakes. However, 45 states and D.C. have enacted restrictions, especially for election-related misuse.
As regulators work to adapt, accountability and privacy issues persist. Establishing robust AI policies and ongoing monitoring will be essential for companies and individuals navigating this new digital landscape.
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