Lina Khan, Chair of the Federal Trade Commission, talks about regulating AI and her approach to regulating big tech. OpenAI unveils personalized chatbots. A Bored Ape Yacht Club event causes eye pain. Fraud conviction in the crypto world.
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Quick takeaways
GPTs offer personalized and efficient chatbots but raise ethical concerns regarding potential risks and desired capabilities.
AI chatbots raise questions about openness vs closed systems and the impact on innovation, competition, and society.
Regulating AI is essential for consumer protection, fair competition, privacy, and preventing anti-competitive behavior.
Deep dives
OpenAI's Dev Day and GPTs
OpenAI hosted their first developer conference, Dev Day, where they made some announcements about their new product. They revealed that chat GPT now has 100 million weekly users and that 92% of Fortune 500 companies are using OpenAI's products. They also introduced GPTs, which are custom chatbots that can use private data and take specific actions. These GPTs can be tailored to specific use cases or industries, allowing companies to have more personalized and efficient chatbots.
Implications and Limitations of GPTs
While GPTs offer exciting opportunities for various industries, it is important to acknowledge the safety and ethical concerns that may arise. As GPTs become more agentic and capable of taking action on behalf of users, there is a need to carefully consider the potential risks, such as the misuse of power or the manipulation of information. Additionally, it is crucial to manage expectations as GPTs are still in the early stages of development and may not have all the desired capabilities or effectiveness. However, GPTs represent a step forward in AI chatbot technology and pave the way for more sophisticated and personalized virtual agents.
Openness vs Closed Systems and Job Displacement
The advent of AI chatbots raises important questions about openness vs closed systems, as well as the potential impact on job markets. While closed systems and centralized platforms may offer certain advantages, such as consolidated checkpoints and streamlined services, they also pose risks to innovation and competition. On the other hand, open systems and decentralization can foster breakthrough innovation and prevent monopolistic control. When considering the trade-offs between openness and closed approaches, it is essential to carefully evaluate the context and prioritize consumer protection, competition, and the overall impact on society.
Revelations from the Podcast Interview with FTC Chair Lina Khan
During the podcast episode, FTC Chair Lina Khan discusses the need to regulate AI in order to protect consumers and promote fair competition. She highlights the importance of enforcing existing laws and using all available tools to address potential harms caused by AI, such as voice cloning scams and algorithms that automate discrimination. Khan also emphasizes the need for privacy protections in the age of AI and raises concerns about data collection practices. Overall, she advocates for proactive regulation to prevent future anti-competitive behavior and ensure consumer welfare.
Apfest Controversy and Crypto Industry Carelessness
The podcast delves into the controversy surrounding Apfest, an event organized by Uga Labs, the creators of the Board Ap Yacht Club NFTs. Attendees reported experiencing eye pain and skin issues, leading to investigations that revealed the presence of potentially harmful UVA lights at the event. This incident highlights the lack of attention to safety and the careless nature of the crypto industry. The discussion also touches on the broader issue of trust in the industry and the need for better communication and transparency from crypto projects.
Warning: this episode contains some explicit language.
OpenAI has unveiled a new way to build custom chatbots. Kevin shows off a few that he’s built – including a custom Hard Fork bot, and a bot that gives investment advice inspired by his late grandpa.
Then, we talk to Lina Khan, the chair of the Federal Trade Commission, about the agency’s approach to regulating A.I., and whether the tactics she’s used to regulate big tech companies are working.
And finally, a Bored Ape Yacht Club event left some attendees' eyes burning, literally. That, and Sam Bankman-Fried’s recent fraud conviction has us asking, how much damage hath the crypto world wrought?
Today’s guest:
Lina Khan, chair of the Federal Trade Commission
Additional reading:
OpenAI’s new tools allow users to customize their own GPTs.
Lina Khan believes A.I. disruption demands regulators take a different approach than that of the Web 2.0 era.
More than 20 people reported burning eye pain after a Bored Ape Yacht Club party in Hong Kong.
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