Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
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Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#2I can't tell if Khan is being realistic when she says laws against “unfair or deceptive [acts]” or “unfair methods of competition” apply to AI labs. Her 2-sentence justifications aren't enough to convince me. But maybe it's sufficient for state AG's who want to start investigations.
Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#3 A trader may not, by pursuing a dishonest practice, force his competitors to choose between its adoption or the loss of their trade. A method of competition [is ‘unfair’ when it] casts upon one's competitors the burden of the loss of business unless they will descend to a practice which they are under a powerful moral compulsion not to adopt, even though it is not criminal…
It is true that the statute does not authorize regulation which has no purpose other than that of relieving merchants from troublesome competition … But here the competitive method is shown to exploit [those] who are unable to protect themselves. It employs a device [that has] met with condemnation throughout the community. Without inquiring whether [other criminal statues apply] … it is clear that the practice is of the sort which the common law and criminal statutes have long deemed contrary to public policy. For these reasons a large share of the industry holds out against the device, despite ensuing loss in trade, or bows reluctantly to what it brands unscrupulous. It would seem a gross perversion of the normal meaning of the word … to hold that the method is not 'unfair.'
Apply it immediately!Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#4Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#5The passage banning “unfair competition” is utterly marvellous: A trader may not, by pursuing a dishonest practice, force his competitors to choose between its adoption or the loss of their trade. A method of competition [is ‘unfair’ when it] casts upon one's competitors the burden of the loss of business unless they will descend to a practice which they are under a powerful moral compulsion not to adopt, even though…
Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#6Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#7There WILL be an end to this.
Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#8Attention would be better spent on long list of other poorly behaved companies: cable ISP monopolies, health insurance companies, home insurance companies, etc.
Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#9Aaron Swartz was facing up to 35 years for wire fraud and hacking for swiping some JSTOR documents, and the DOJ has done nothing against the AI companies and their IP violating antics.
For good reason. Courts have so far ruled AI training is fair use, and it doesn't look likely to be overturned by the supreme court. Theres also the matter of some labs pirating books to get training data, which is illegal (they lost in civil court), but it's unclear whether that can be criminally prosecuted.
Re: Ex-FTC boss Khan: break out the handcuffs for AI CEOs, citing 1934 precedent
#10AI is a very competitive market where consumers are getting the product for much less than it costs. This does not seem like an area where the government needs to butt in. Attention would be better spent on long list of other poorly behaved companies: cable ISP monopolies, health insurance companies, home insurance companies, etc.
You can get these companies under control. You just have to, y'know, try.