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Transcripts for CNN The Lead With Jake Tapper 20240604 20:28:00

listen to the president moments ago. in the weeks ahead i m going to continue to take executive action to help america lead the way toward responsible innovation. and we re going to work with both parties to develop appropriate legislation and regulation. reporter: and jake, we don t have details on what that executive order will be but i m told it could come as soon as the end of this summer. and there are so many different issues to tackle here, everything from consumer risks to the competition, with china over artificial intelligence. there s also legislation in the works. the senate majority leader chuck schumer, he has been leading a process to try to come up with a sweeping bipartisan regulatory framework for ai. but one thing i will note that bruce reed told me, that outside testing, for example, of these systems, that could potentially lay the groundwork for how regulation works here. that outside testing in the future could potentially be done by some kind of government re

Transcripts for BBCNEWS Talking Business 20240604 01:46:00

0ne really simple thing is to google the name of the company or the opportunity and the word scam. you would be amazed at what pops up. finally, the m is to make a report to your government regulator. the more data that they have and the more reports and numbers and information about how it s being designed and targeted, the better outreach that they can do and perhaps even law enforcement to go after some of these criminals. and erin, let me end on this. are you concerned that people are more susceptible, as we endure this cost of living crisis? absolutely. look, this increased pressure on consumers to earn more money might make them more susceptible, but i think more importantly, it gives a big tool to criminals who are designing these schemes and this conduct. so, consumers might be out there looking more often than they otherwise would have, and deceptive videos or website content can make it seem like it s very easy, but the fact is that often it s not. you have to put in a lot

Transcripts for BBCNEWS Talking Business 20240604 02:46:00

what are some practical steps that you can take? the letter s stands for slow down, take a second if you are being solicited by an outside company for a limited time offer, using high pressure tactics, that you have to act now, that is a big red flag and something that you have to be cautious about. the second letter is c, that stands for cheques and cards, if you are being asked to cash a check or to purchase gift cards and send them back to the company, that is a big red flag. the a in scam is ask questions, ask google, ask your mum, ask a trusted friend, ask somebody that you know will give you sound advice, and you can pair this with the s in slowdown, to give you an opportunity to look this up. 0ne really simple thing is to google the name of the company and the opportunity and the word scam, you will be amazed at what pops up. finally, the m is to make a report to your government regulator.

Transcripts for BBCNEWS Talking Business 20240604 22:47:00

to your government regulator. the more reports that they have and the more information they have, the better outreach that they can do and perhaps even law enforcement to go after some of these riddle s. let me end on this, erin, are you concerned that people are more susceptible as we endure this part of living crisis? absolutely look, this increased pressure on consumers to more money might make them more susceptible but i think more importantly it gives a big total criminals who are designing these schemes and this conduct. so, consumers might be out there looking more often than they otherwise would have, and deceptive videos or website content can make it seem like it s very easy, but the fact is that often it s not, you have to put in a lot of time and effort, unless you can capitalise on an existing skill, it is something where you don t go into this with the expectation that

Transcripts for BBCNEWS Talking Business 20240604 15:47:00

in slowdown, to give you an opportunity to look this up. one really simple thing is to google the name of the company and the opportunity and the word scam, you will be amazed at what pops up. finally, the m is to make a report to your government regulator. the more reports that they have and the more reports that they have and the more information they have, the better outreach that they can do and perhaps even law enforcement to go after some of these riddle s. let me end on this. after some of these riddle s. let me end on this, erin, after some of these riddle s. let me end on this, erin, are after some of these riddle s. let me end on this, erin, are you after some of these riddle s. let me end on this, erin, are you concerned| end on this, erin, are you concerned that people are more susceptible as we endure this part of living crisis? ~ , ,., , we endure this part of living crisis? ~ ,,., , ., ., ,, we endure this part of living crisis? ~ ,,., , ., ., ~ , crisis? absolut

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