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...
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,...
October 25, 2024
LinkedIn will reportedly begin showing user verification badges within its primary feed in November. This move comes after the company began verifying users in April 2023 to combat fake profiles, scams and misinformation fueled by artificial intelligence (AI), CNBC reported Friday (Oct. 25). “Being able to understand the authenticity of someone will be essentially critical […]
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...
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...
