News Report Technology
May 10, 2023

AI Will Power Next-Gen Scams, Says Wozniak

In Brief

Apple cofounder Steve Wozniak has expressed concerns over the misuse of AI-powered tools by criminals to create convincing online scams.

Wozniak fears that cybercriminals may start misusing AI-powered tools to create convincing online scams. Wozniak fears that artificial intelligence will fall into the wrong hands and lead to more challenging spot online frauds.

AI Will Power Next-Gen Scams, Says Wozniak

According to a report by Goldman Sachs, the technology is expected to impact an estimated 300 million workplace roles in the coming years, though many of these roles will likely be assisted by AI rather than replaced.

Wozniak has called for regulating AI technology to limit its use by bad agents willing to impersonate others in order to deceive individuals to obtain sensitive information. The use of artificial intelligence technology is growing rapidly, Wozniak says. Businesses are turning to AI-powered tools to automate their processes, improve efficiency, and create new products and services. A host of generative AI tools, including OpenAI’s ChatGPT and Google’s Bard, can converse with humans in a natural, deceptively humanlike fashion.

Wozniak believes that the abuse of AI technology by cybercriminals could be used to create voice clones to trick unsuspecting victims. However, AI could be trained to detect such scams and alert the target to keep them safe.

In March, around 1,000 technology experts signed a letter calling for a six-month pause on the development of some AI tools so that safety guidelines regarding their creation and use could be drawn up. Wozniak was among the signataries. He believes that “bad” tech companies that “get away with anything” should be regulated to keep them within certain boundaries. However, Wozniak also wondered whether such regulation would be effective, stating that “the forces that drive for money usually win out, which is sort of sad.”

It is critical that artificial intelligence technology is regulated to prevent cybercriminals from using it for fraudulent purposes while at the same time ensuring that it is used responsibly and safely.

Five years ago, the advent of artificial intelligence heralded a new era in technology. Today, the emergence of online fraud has formed a new era in technology. The ethics of artificial intelligence have yet to be determined, and there have been numerous frauds involving it.

  • Artificial intelligence is a revolutionary tech advancement that could become uncontrollable or be used by hackers. It is possible to create autonomous malware with AI to select and engage targets without human intervention. It is also possible that AI can be used to bolster the capabilities of cybercriminals.
  • According to a report by Goldman Sachs, AI technology is expected to impact an estimated 300 million workplace roles in the coming years. However, many of these roles will likely be assisted by AI rather than replaced.

Read more related articles:

Tags:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet. 

More articles
Damir Yalalov
Damir Yalalov

Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet. 

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
News Report Technology
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
November 21, 2024
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
News Report Technology
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
November 21, 2024
The Rise of the UAE as a Strategic Hub for Web3 Gaming Innovation and International Collaboration
Opinion Lifestyle Markets Technology
The Rise of the UAE as a Strategic Hub for Web3 Gaming Innovation and International Collaboration
November 21, 2024
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
News Report Technology
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
November 21, 2024