On November 16, 2023, the Federal Trade Commission (the “FTC”) announced a competition seeking solutions to protect consumers from voice cloning technology harms. Voice cloning technology can create a nearly identical clone of someone’s voice based on a short audio clip and is becoming more sophisticated as text-to-speech AI advances. The FTC cited concerns about scammers using voice cloning technology to impersonate individuals’ family members or employers to trick individuals into transferring large sums of money. The contest is meant “to foster breakthrough ideas on preventing, monitoring, and evaluating malicious voice cloning” and is open to a range of solutions, “from products to policies to procedures.” Submissions are open from January 2 to 12, 2024 and the winner will receive $25,000.
More information is available here.