• greyscaleA
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    3 days ago

    blatantly false advertising.

    SEC is neutered, what makes you think anyone in charge of advertising rules hasn’t been replaced by a 17 year old called Goebbels Gobbler or something with a DOGE laptop.

    • halcyoncmdr@piefed.social
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      3 days ago

      SEC is neutered

      This article is about an incident in Australia. The SEC has no bearing on what Australia can do.

      • greyscaleA
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        2 days ago

        The AI bubble is an American phenomenon and their SEC isn’t slowing down the insanity. Their lack of a functional SEC is everyones problem.

        • halcyoncmdr@piefed.social
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          2 days ago

          It very much is not just an American phenomenon. Are you honestly trying to claim that AI is only being used in America?

          DeepSeek is Chinese. Hugging Face and Mistral are French. DeepL is German. Stability AI (Stable Diffusion) is British. DeepMind (The subsidiary of Google) is based in Britain. And that’s just scratching the surface, there are as many AI companies based outside the US as there are inside the US.

          Just because some of the AI companies are based in the US, that doesn’t mean other countries have no options. Every country still has the right to regulate use in their jurisdiction. Just like various European countries instituting laws governing things like digital markets, AI can be regulated as well.

          • greyscaleA
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            2 days ago

            That was my point, its affecting australia too. Because the Americans don’t have a functional SEC.

            • halcyoncmdr@piefed.social
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              2 days ago

              The American SEC doesn’t prevent Australia from regulating AI use in Australia or by Australian companies.

              That’s literally how every international business works. AI is not special. There’s a lot to blame America for… your government not doing anything about something they can control isn’t one of those things.

              • greyscaleA
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                2 days ago

                Again, you’re tilting at windmills.

                I’m neither American nor Australian.

                • halcyoncmdr@piefed.social
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                  2 days ago

                  Again, you’re tilting at windmills.

                  I’m neither American nor Australian.

                  You brought up the SEC, and the article is about Australia. You don’t even have to read it to know that, the link is to an Australian domain.

                  You should probably look at the context of what you’re commenting on. Freely admitting you aren’t paying attention to what you’re responding to is an interesting choice.