The FX PostThe FX Post
    What's Hot

    Cold, hard truth: Alaskans lose $26M to Internet crime

    May 14, 2025

    New gas processing plant will be a game-changer for Ghana – Finance Minister – Ghanamma.com

    May 14, 2025

    South Korean Central Bank Wades into Politicians Stablecoin Row

    May 13, 2025
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home ยป FTC Launches Investigation into OpenAI’s ChatGPT
    News

    FTC Launches Investigation into OpenAI’s ChatGPT

    July 16, 20232 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    The FTC’s interest in this matter is evident from a comprehensive 20-page “civil investigative demand” request letter, which was made public by The Washington Post. The letter explicitly states that the investigation is primarily concerned with determining whether OpenAI has engaged in practices that are deemed unfair or deceptive, thus posing considerable risks to consumers, including reputational harm.

    Sources close to the situation have confirmed that The Wall Street Journal has obtained a copy of this document.

    As expected, the FTC has remained tight-lipped about its ongoing investigation. Typically, the commission refrains from commenting on specific matters being investigated, as its activities remain nonpublic.

    The extensive request letter is compiled with a series of thought-provoking questions aimed at gaining insight into OpenAI’s methodology for training its large language model. Additionally, the FTC seeks clarification on OpenAI’s marketing strategies and how the company handles personal information.

    Investigation into OpenAI’s Privacy Incident

    The Federal Trade Commission (FTC) is conducting an investigation into OpenAI, focusing on a privacy breach that occurred in March. The incident involved a bug that allowed certain users to view titles from another user’s chat history and payment-related information. Although the incident transpired in 2023, the FTC’s information request refers to a date in 2020.

    OpenAI has not yet provided a comment regarding the investigation.

    The Call for AI Regulation

    FTC Chair Lina Khan has expressed her belief in the necessity of regulating AI software. In a New York Times op-ed on May 3, Khan emphasized the FTC’s commitment to promoting fair competition and protecting individuals from deceptive practices. She discussed the potential risks associated with AI tools, noting their reliance on vast amounts of unchecked data. These tools pose risks such as exposing personal details and violating user privacy.

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    ChatGPT FTC investigation OpenAI
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    Cold, hard truth: Alaskans lose $26M to Internet crime

    May 14, 2025

    New gas processing plant will be a game-changer for Ghana – Finance Minister – Ghanamma.com

    May 14, 2025

    South Korean Central Bank Wades into Politicians Stablecoin Row

    May 13, 2025

    Drilling Commences at Leonora South

    May 12, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    33  −  29  =  

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • Cold, hard truth: Alaskans lose $26M to Internet crime
    • New gas processing plant will be a game-changer for Ghana – Finance Minister – Ghanamma.com
    • South Korean Central Bank Wades into Politicians Stablecoin Row
    • Drilling Commences at Leonora South
    • Trump Media & Technology Group: Trump Media Reports First Quarter 2025 Results
    Featured Reviews

    Traders Connect Review

    May 18, 2023

    System Levels Review

    May 26, 2023
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Crypto Robot
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2025, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.