FTC’s Holyoak says agency will avoid ‘excessive regulation’ of AI development

Federal Trade Commission member Melissa Holyoak says that the agency’s enforcement of data privacy rules should not stifle the ability of companies to develop artificial intelligence technologies. 

Under the leadership of current Chairman Andrew Ferguson, “the commission will promote AI growth and innovation, not hamper it with misguided enforcement actions or excessive regulation,” Holyoak said in remarks at the International Association of Privacy Professionals’ annual conference on Tuesday evening.

Under Lina Khan, the Biden administration’s FTC chair, the agency had signaled that it would take an aggressive approach to regulating companies’ data privacy practices for AI model training. 

Read more at The Record