The head of the Federal Trade Commission said she intended to take action to wrangle the growing number of artificial intelligence-powered bots and products.

FTC Chairwoman Lina Khan said in an opinion article Wednesday that AI-powered products such as OpenAI's ChatGPT and Google's Bard are subject to existing rules applying technology and that the agency intends to use its power to regulate such chatbots.

"Although these tools are novel, they are not exempt from existing rules," Khan wrote in a New York Times op-ed, "and the FTC will vigorously enforce the laws we are charged with administering, even in this new market."

CORPORATIONS START TO FEEL THE BITE OF AI: IBM, SAMSUNG, AND CHEGG

Khan outlined the risks connected to the industry, such as the increased odds of one company developing "market dominance" over others. The agency is well prepared to deal with legal issues, including "collusion, monopolization, mergers, price discrimination, and unfair methods of competition," she said.

Khan also noted that scammers could abuse generative AI such as ChatGPT to produce content quickly and be used to deceive Americans.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Finally, Khan noted that the technology could automate discrimination and unfairly block people from getting jobs, housing, or other needs.

The FTC, the Civil Rights Division of the Department of Justice, the Consumer Financial Protection Bureau, and the Equal Employment Opportunity Commission released a joint statement last week vowing to protect consumer safety as automated systems in the workforce become more common.