News Report Technology
May 10, 2023

AI Will Power Next-Gen Scams, Says Wozniak

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.

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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. 

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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. 

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