protect consumer
So You Bought a Humane Ai Pin. Here's What You Can Do Next
As of today, the Humane Ai Pin is dead--less than a year since its launch. Following an acquisition by HP, Humane shut down many of the core features of the artificial intelligence-powered wearable and deleted user data, rendering it useless. Yes, some functions remain, like checking battery life (useful!), but you can't access the voice assistant. If you spent 700 on the Ai Pin, you might be wondering what you can do now. These are the risks of being an early adopter, but not getting a refund on a device bricked before the warranty is even up feels like a rip-off.
The Government Wants to Protect Robux From Hackers
The Consumer Financial Protection Bureau proposed a new measure on Friday that could protect your Robux from scammers and hackers. The proposed rule would interpret terms in the Electronic Fund Transfer Act, or EFTA, which has traditionally been used to protect consumers from unauthorized debit transactions, to include some virtual currencies supplied by gaming and cryptocurrency companies. "Gamers--or in some cases their parents and guardians--have reported issues such as trouble when converting dollars to in-game currency, unauthorized transactions, account hacks and takeovers, theft, scams, and loss of assets," reads the CFPB's post announcing the proposal. "They have also described receiving limited to no help from gaming companies and the banks or digital wallets involved. Refunds are often denied, people are finding their gaming accounts suspended by the video game company after a player tries to get a refund from their financial institution, or people are left caught in doom loops with AI-powered customer service representatives while they're just trying to get straight answers."
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UK bill could protect consumers from 'subscription traps' and fake reviews
The UK's Competition and Markets Authority (CMA) has introduced a new bill that would give it the power slap the biggest tech companies with a fine worth billions if they don't comply with its rules. It's a multi-faceted bill that's aimed at protecting consumers and encouraging competition, and it will allow the CMA to directly enforce the law instead of having to go through the court. If the bill passes, the agency's Digital Markets Unit (DMU) will be able to enforce a set of rules on how companies it deems to have "strategic market status" in key digital services have to operate. The CMA didn't name any specific company in its announcement, but the DMU will most likely identify Google, Apple and Amazon as organizations with strategic market status. The DMU could require them to be more transparent on how their app store review systems work or to open up their data to rivals -- in Google's case, it could be a rival search engine. If these companies fail to abide by the new rules, the DMU could fine them up to 10 percent of their global turnover.
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AI's ability to learn poses challenge to regulators, companies: 'A little bit scary'
Artificial Intelligence poses both risks and rewards, but developers should be weary of technologies that could threaten "scary" outcomes, AI technologist says. The capacity of artificial intelligence systems to learn things even when they aren't explicitly taught those things will pose a significant challenge both to the companies creating and marketing these tools, and federal regulators tasked with protecting consumers who use them, a member of the Federal Trade Commission predicted. "Personally, and I say this with respect, I do not see the existential threats to our society that others do," FTC Commissioner Alvaro Bedoya said in recent speech made available this week. "Yet when you combine these statements with the unpredictability and inexplicability of these models, the sum total is something that we as consumer protection authorities have never reckoned with." Bedoya was speaking to the International Association of Privacy Professionals about the tendency of generative AI systems to pick up knowledge and intuition about subjects even when programmers aren't focusing on those topics.
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Will The White House's Artificial Intelligence "Bill of Rights" Protect Consumers from Big-Tech's Advertising Abuses?
The Biden administration just released a document that they believe should define the standards for responsible use of one of the more critical technologies that is set to define the future – Artificial Intelligence (AI). The document, "The Blueprint for an AI Bill of Rights: Making Automated Systems Work for the American People," was released by the White House Office of Science and Technology Policy (WHOSTP). It lays out the five guiding principles that the WHOSTP feels should guide the "design, use, and deployment" of automated systems in order to protect Americans in the age of AI. The Blueprint emphasizes creating safe and effective AI systems, providing algorithmic discrimination protections, data privacy, clarified notice and explanations of how AI may be used, and providing alternative options for consumers that choose to opt out. This idea of governmental guidance in AI may seem innovative, but the truth is, at least 60 countries already have national AI protocols and the United States is merely playing catch-up at this point.
Artificial intelligence: Tackling the risks for consumers
Artificial intelligence and automated decision making processes can pose certain threats to consumers. Find out how the European Parliament wants to protect them. What is artificial intelligence and why can it be dangerous? As learning algorithms can process data sets with precision and speed beyond human capacity, artificial intelligence (AI) applications have become increasingly common in finance, healthcare, education, the legal system and beyond. However, reliance on AI also carries risks, especially where decisions are made without human oversight.
Artificial intelligence: tackling the risks for consumers News European Parliament
What is artificial intelligence and why can it be dangerous? As learning algorithms can process data sets with precision and speed beyond human capacity, artificial intelligence (AI) applications have become increasingly common in finance, healthcare, education, the legal system and beyond. However, reliance on AI also carries risks, especially where decisions are made without human oversight. Machine learning relies on pattern-recognition within datasets. Problems arise when the available data reflects societal bias.
The future of AI is here. Regulations? Not so much
Imagine a world without environmental regulations or traffic laws, where unlicensed motorists drive as they please and factories pollute with impunity. Those were the facts of life in cities around the world as the industrial revolution took hold. And a few decades from now, we may look back on the emergence of AI as a similarly lawless era. With that in mind, governments in Canada and the European Union, among others, have been active in proposing regulations to protect consumers while the U.S. has largely remained silent -- until now. Computers are increasingly involved in the most important decisions affecting Americans' lives – whether or not someone can buy a home, get a job or even go to jail." This spring, Democratic senators Cory Booker and Ron Wyden proposed the first national AI ethics bill in the form of the Algorithmic Accountability Act. The bill aims to give regulators, and the public, greater insights into how AI systems make the decisions they do -- and what data is ...
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Yelp Looks to Expand Beyond Reviews
Yelp, YELP -1.69% the company known for its 5-star-ratings system for businesses, is adding to its roster of services in a bid to uphold its own popularity. The San Francisco-based company started out by giving users a way to see what others have said about a business or what dishes are most popular at a restaurant. Since its founding in 2004, Yelp has amassed some 127 million reviews in areas such as retail, restaurants, home and local services and beauty in more than 30 countries. Now, pressed by rivals such as Google, which includes its own ratings system for local businesses in its search results, Yelp has expanded the services it offers. Users can now make restaurant reservations, get price quotes from businesses, hold a place in line for a restaurant, get food delivered and earn cash from a loyalty program.