The top US consumer watchdog is worried you're going to fall for AI scams or overblown marketing hype

• Tech companies and investors think generative AI will be an economic revolution.
• The Federal Trade Commission warned companies that overhyping their products could violate the law.
• The technology can make it easier to defraud voters and consumers.

Where tech companies and investors see gold, regulators see potential for overhyped marketing and fraud.

Since its November 2022 launch, ChatGPT has mesmerized millions and sparked an arms race among big tech companies and venture capital-fueled startups to revolutionize the way humans interact with computers. However, the Federal Trade Commission is concerned companies are exaggerating the AI revolution while giving scam artists more powerful tools to defraud the public.