Complaints about AI scams just the tip of the iceberg

Complaints about AI scams just the tip of the iceberg
The deepfake scourge has now extended to ads on X, Facebook, YouTube and other such platforms. (Image: Depositphotos)
Bloomberg
By Parmy Olson Where new technology goes, the unscrupulous follow. The generative artificial intelligence (AI) hype train has attracted fraudsters who aren’t only using it as part of their schemes but in their ads on social media sites.What’s worse is that older and financially vulnerable people are sometimes the ones being targeted. The US Federal Trade Commission (FTC), which polices deceptive advertising practices, saw a jump in complaints over the past year about ads that either used AI or claimed to use it to lur...

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