> Unfair methods of competition in or affecting commerce, and unfair or deceptive acts or practices in or affecting commerce, are hereby declared unlawful.
applies to an "inequitable AI algorithm"? I'm really serious, this section talks about unfair competition between businesses and unfairly or deceptively affecting commerce. Here's a lawyers definition of "in or affecting commerce": http://www.stephenson-law.com/news/“-or-affecting-commerce”-...
Specifically, it's not illegal to make a product that treats people unfairly. But it's illegal to treat people unfairly in commerce. My reading of that is that if I offer my shitbot to you fairly and non-deceptively, and it treats you poorly, that's not the FTCs concern.
https://www.law.cornell.edu/uscode/text/15/45