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Equal Credit Opportunity Act Enforcement Actions Artificial Intelligence

Davis Wright Tremaine LLP

FTC Warns of Greater Scrutiny Over Biased AI, Offers Best Practices to Mitigate Potential Harm

Building on prior guidance issued in 2020, the Federal Trade Commission (FTC) recently warned in a new blog post that it will use its authority under existing laws to take enforcement action against companies that sell or use...more

K&L Gates LLP

FTC Issues New Guidance, Warning That Bias In Artificial Intelligence Could Create Potential Liability For Enforcement Actions

K&L Gates LLP on

On Monday, 19 April 2021, a Federal Trade Commission (FTC) blog post warned companies to ensure that their artificial intelligence (AI) does not reflect racial or gender bias, and it indicated that failure to do so may result...more

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