AI-generated and fake online reviews are banned heres what we know about the new FTC rule [Video]

The Federal Trade Commission has announced a new rule that should theoretically make online user reviews of products more useful.

In a press release, the FTC announced a finalized set of guidelines aimed at taking down fraudulent or misleading product reviews on the internet. Among the things that will be prohibited once the rule goes into effect are paid reviews and those generated by artificial intelligence. The maximum penalty for transgressions is $51,744 per violation.

“Fake reviews not only waste people’s time and money, but also pollute the marketplace and divert business away from honest competitors,” FTC chair Lina Khan said. “By strengthening the FTC’s toolkit to fight deceptive advertising, the final rule will protect Americans from getting cheated, put businesses that unlawfully game the system on notice, and promote markets that are fair, honest, and competitive.”

What did the FTC ban?

The FTC’s press release included a helpful list of everything that …