The CHATBOT Act aims to prevent AI chatbots from falsely representing licensed professional services.
The CHATBOT Act, or Curbing Harmful AI Tools By Offering Transparency Act, prohibits AI chatbots from marketing or advertising professional services without the appropriate licenses. It applies to entities operating in finance, healthcare, legal, and accounting sectors. The Federal Trade Commission is tasked with enforcing this prohibition, treating violations as unfair or deceptive practices. States can also bring civil actions on behalf of residents, but not while federal action is pending. The Act allows for private lawsuits with potential damages and attorney's fees.
The filed bill text is too short for analysis.