Senate Special Committee on Aging Holds Hearing on AI Scams

Senate Special Committee on Aging Holds Hearing on AI Scams

The U.S. Senate Special Committee on Aging held a hearing that examined how Artificial Intelligence (AI) can be utilized by scammers.

During the hearing, Committee Chairman Bob Casey (D-PA) unveiled the Aging Committee’s annual Fraud Book and released a brochure on AI-powered scams and a bookmark featuring tips to avoid scams.

  • What’s next: Chairman Casey also plans to pursue efforts to ensure that the use of AI in scams is appropriately tracked by the Federal Trade Commission.

What they’re saying: “Federal action is needed to put up guardrails to protect consumers from AI—while also empowering those that can use it for good,” says Chairman Casey.

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Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.