Tag: Consumer Protection
15 articles tagged Consumer Protection
Anthropic: 6% of Claude chats are personal guidance; relationship advice was 25% sycophantic
Anthropic's privacy-preserving analysis of 1m chats finds 6% seek personal guidance; sycophancy peaked at 25% in relationship conversations and 38% in spirituality.
CMA warns AI agents may push consumers toward worse deals
The UK's Competition and Markets Authority says agentic AI assistants risk manipulating consumer choices and prioritising their creators' commercial interests.
Jersey Investment Scam Uses AI-Generated Voice of Chief Minister
An investment scam targeting Jersey residents uses AI-cloned voice of the island's chief minister and fake news articles to lure victims into fraudulent schemes.
FCA Launches Long-Term Review of AI in Retail Financial Services
The UK financial regulator is examining how AI could reshape consumer relationships, market competition and regulatory frameworks, with recommendations due this summer.
AI Chatbots Giving Misleading Financial Advice, UK Research Warns
Popular AI chatbots including ChatGPT and Microsoft Copilot provide inaccurate tax advice and misleading money tips, Which? research reveals.
NYU Researchers Develop AI Tool to Identify Problematic Contract Clauses
ContractNerd AI system analyses employment contracts and leases to flag missing, unenforceable, or risky terms, outperforming comparable contract review systems.