The technological world is advancing faster than we could have imagined, but we still have to keep some guard up when it comes to artificial intelligence. AI has become so mainstream in our daily lives that most don’t even think twice when using it. People use it to lighten their workload, help them do extensive research, and even use it to do their investment planning. AI has become pretty much everything we want it to be, and that’s a good thing. Just because we can trust it most often does not mean people won’t abuse its power. Artificial intelligence has a good side and a bad side, and it’s important to watch out for the harmful signs.
Did you know that more than 250 million people in the United States used artificial intelligence in 2023? That number is expected to grow to more than 700 million by 2030. These numbers prove that millions of users trust artificial intelligence and will continue gaining traction as it develops. The problem is that when this type of technology gets into the wrong hands, it can create serious issues.
One of the most harmful ways AI is used is through deep fake technology, which scammers have engineered to deceive and mislead people. Deepfakes are photos, videos and audio recordings that have been faked to appear real. The technology has gotten so advanced that it can even recreate people’s voices and facial expressions to fool people and spread misinformation.
“As our world continues to progress into revolutionary technological advancement, potential digital dangers seem to be rearing their ugly heads our way. Online interactions increase the frequency of fraudulent activity – especially AI-driven fraud. Scammers are using tools such as generative AI and leveraging deep fakes to deceive unsuspecting individuals – including retail investors seeking market advice online,” says George Kailas, CEO at Prospero.ai.
Because technology is advancing so quickly, it’s important for people to take the extra step and verify their interactions before giving away personal information. When sharing your private information online, you can’t assume that everywhere is trustworthy. Deepfake technology is the same as seeing a stranger in person. You would never want to risk your safety; the same goes for your personal information. Artificial Intelligence has many great uses, especially in the finance and healthcare industries, but you have to do your due diligence and make sure you are using it safely. Scammers and hackers are out there to steal your money and information, using AI as their cover.
“These deep fakes can be incredibly deceiving, utilizing some of the world’s most advanced technologies. Differentiating between real information and malicious schemes starts with vigilance. Similar to in-person interactions, you should never trust a stranger. Therefore, you need to verify any opportunities and access you receive, both the accuracy of the information and the credibility of the source from which it came. Ensure you’re staying updated with news regarding fraudulent activity in the market. Social media serves as an excellent tool for reading about potential scams and helping you protect yourself better. Remember: if something sounds too good to be true, the chances are… it is,” Kailas says.
There is a line when it comes to deepfake technology. When used correctly, it can be used for fun and entertainment, but it can easily cross that line and cause harm. People these days can create something out of nothing, and AI is the most accessible avenue for them to do it right under your nose. When it comes to any pictures, videos or audio clippings you see online, make sure to verify it before trusting the source. Scammers are out there and will do whatever it takes to profit off people. Artificial Intelligence has a good side but also a bad one. What side will you be on?
Published By: Aize Perez
