Lina Khan says AI companies are following the same playbook that got Big Tech into trouble
Former FTC chair Lina Khan cautioned against AI companies regulating themselves during an interview on ABC's "This Week."
Former Federal Trade Commission Chair Lina Khan has criticized the AI industry's attempts at self-regulation, stating that it would be a "fool's errand." Khan referenced the history of Big Tech's failed self-regulation efforts in the early days of social media, citing numerous harms caused by unchecked monopolies. She emphasized that as AI systems advance, repeating the same playbook would be a grave mistake.
Major tech companies like Microsoft, Google, and Meta have invested heavily in developing their AI systems, but the rapid pace of innovation has raised concerns among politicians, advocates, and even some tech leaders for the need for regulation. Despite calls for guardrails, the Trump administration has avoided implementing federal-level regulations on the AI industry.
Khan argued that current laws are sufficient to address issues in the AI industry, pointing to repeated cybersecurity incidents involving AI agents hacking into other companies' and governments' servers. She emphasized that companies developing AI systems should be held accountable for their actions and not exempt from existing laws.
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