FTC’s Ferguson tells lawmakers agency won’t regulate AI until after problems occur (Suzanne Smalley – The Record)

Federal Trade Commission (FTC) Chair Andrew Ferguson on Thursday told members of the House Appropriations Committee he believes it is important for the agency to avoid stifling artificial intelligence innovation and not regulate the field ahead of abuses. The United States has an advantage in stoking AI innovation because it doesn’t “reflexively regulate new technologies,” he said, though his predecessor Lina Khan took an aggressive approach to AI.

FTC’s Ferguson tells lawmakers agency won’t regulate AI until after problems occur | The Record from Recorded Future News