Meta Platforms Inc. (META) Staring at FTC Probe over AI Chatbots

Meta Platforms Inc. (NASDAQ:META) is one of the best tech stocks to buy, according to Cathie Wood. On September 11, the US Federal Trade Commission announced an investigation into consumer-facing AI-powered chatbots.

The social networking giant is being investigated on how it uses AI-powered chatbots on its platform to measure, test, and monitor the negative impacts of the technology. The FTC also wants to know how Meta and other tech giants monetize user engagement, process user inputs, generate outputs, and use information generated by the chatbots.

The probe follows reports that Meta permitted chatbots to have romantic conversations with children. A family has also sued OpenAI over the role ChatGPT played in their teen’s suicide.

Meta Platforms Inc. (NASDAQ:META) develops and operates social media services like Facebook, Instagram, and WhatsApp. It focuses on building the future of the internet through immersive technologies, such as virtual reality (VR) and augmented reality (AR), for the metaverse.

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Disclosure: None. This article is originally published at Insider Monkey.