When AI innovator OpenAI released ChatGPT in November of 2022, it sent shockwaves through the world, from tech leaders to academia. Quickly, stories surfaced of people using ChatGPT to “cheat,” from students turning in papers written by the app to lawyers filing briefs that cited cases that didn’t exist.
Beyond the initial splash and the
Background
On March 18, 2024, the Securities and Exchange Commission announced settled charges against two SEC registered investment advisers for making false and misleading statements about their purported use of artificial intelligence (“AI”). The firms agreed to settle the SEC’s charges and pay $400,000 in total civil penalties.
Cause of Action
One firm’s charges arose
Image based sexual abuse includes AI generated explicit images.
