Berkshire Hathaway’s Warren Buffett has compared the development of artificial intelligence (AI) to the atomic bomb. Just like that invention, the multibillionaire said Saturday (May 4) at Berkshire’s annual meeting, AI could produce disastrous results for civilization. “We let a genie out of the bottle when we developed...
Federal regulators have reportedly recorded a jump in AI-related scam ads on social media. The Federal Trade Commission (FTC) has seen a sharp rise in complaints in the last year involving ads that either used artificial intelligence (AI) or claimed to use it to pull people into scams, Bloomberg...
The Federal Trade Commission (FTC) is proposing a new set of rules that would prohibit the impersonation of individuals. Citing growing complaints around impersonation fraud, the FTC said in a news release on Thursday (Feb. 15) that it is “committed to using all of its tools to detect, deter,...
The rise of AI-powered deepfake technology has reportedly fostered a corresponding boom in state-level legislation. Almost every state legislature now in session across the country is considering bills related to artificial intelligence (AI), with nearly half addressing deepfakes, Axios reported Wednesday (Feb. 14), citing an analysis by...
June 10, 2024
Scammers are reportedly using technology such as AI to up their attacks on smaller merchants. As The Wall Street Journal (WSJ) reported Monday (June 10), online businesses say they are losing customers to fraudsters who use the sellers’ videos, logos and social media posts to steal their identities to sell customers cheap knockoffs or just take their […]
May 05, 2024
Berkshire Hathaway’s Warren Buffett has compared the development of artificial intelligence (AI) to the atomic bomb. Just like that invention, the multibillionaire said Saturday (May 4) at Berkshire’s annual meeting, AI...
March 17, 2024
Federal regulators have reportedly recorded a jump in AI-related scam ads on social media. The Federal Trade Commission (FTC) has seen a sharp rise in complaints in the last year involving ads...
February 15, 2024
The Federal Trade Commission (FTC) is proposing a new set of rules that would prohibit the impersonation of individuals. Citing growing complaints around impersonation fraud, the FTC said in a news release on Thursday...
