Welcome to the Tech Meme Right Home for Thursday, May 4th, 2023. I'm Brian McCullough today.

The regulators have not been sleeping on the AI Revolution.

Everybody wants to get in on the blue checkmark game,

but this time with actual utility.

AirB&B now offers to rent out single rooms,

can chat GPT out-invest professional money managers, and the return of the flip phone.

No, not a foldable phone, the flip phone from your youth.

Here's what you missed today in the world of tech.

Ah, the regulators have been aware of the nascent AI revolution. All of what I'm about to tell you happened all at once.

Almost seems like it was coordinated.

First, in a piece in the New York Times,

FTC Chair Lena Khan called for regulating AI

saying the tech could fuel market dominance and collusion by large firms.

Also increased fraud and discrimination, lots more.

Quoting Arstectica.

In the op-ed, Kahn cites the rise of the Web 2.0 era in the mid-2000s as a cautionary

tale for AI's expansion, saying that the growth of tech companies led to invasive surveillance

and loss of privacy.

Kahn feels that public officials must now ensure history doesn't repeat itself with

AI but without unduly restricting innovation.

As these technologies evolved, she wrote, we are committed to doing our part to uphold

America's longstanding tradition of maintaining the open, fair, and competitive markets that have

...