On Wednesday, Federal Trade Commission (FTC) Chair Lina Khan pledged to use existing laws to regulate AI in a New York Times op-ed, "We Must Regulate A.I. Here's How." In the piece, she warns of AI risks such as market dominance by large tech firms, collusion, and the potential for increased fraud and privacy violations.
In the op-ed, Khan cites the rise of the "Web 2.0" era…