This has just become a big week for AI regulation

The EU is known for its hard line against Big Tech, but the FTC has taken a softer approach, at least in recent years. The agency is meant to police unfair and dishonest trade practices. Its remit is narrow--it does not have jurisdiction over government agencies, banks, or nonprofits. But it can step in when companies misrepresent the capabilities of a product they are selling, which means firms that claim their facial recognition systems, predictive policing algorithms or healthcare tools are not biased may now be in the line of fire. "Where they do have power, they have enormous power," says Calo.