July 1, 2024
Consumer advocates calling for AI guidance welcome Supreme Court ruling on CFPB
The Consumer Financial Protection Bureau can -- and should -- now move more confidently to guide the development of artificial intelligence systems following a Supreme Court decision validating its existence, according to advocates trying to incentivize deployers to use less discriminatory alternatives.
“It's really important that anti-discrimination laws are updated to answer the questions that artificial intelligence raises,” Adam Rust, director of financial services for the Consumer Federation of America, told Inside AI Policy reacting to the May 16...