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Openai’s CEO Sam Altman told how AI can cheat banks and reach your money. Openai’s CEO Sam Altman recently told in an interview that how Artificial Intelligence (AI) cheat banks …Read more

Highlights
- AI can steal money by cheating banks.
- AI can defeat voice recognition authentication.
- AI may eliminate some job areas.
Altman said that one thing that scares me is that some financial institutions still accept voice identity as authentication. This is a madness. AI has defeated it completely. Emphasizing his concerns about fraudulent authentication methods, he said that someone bad is going to release it – this is not a very difficult task. It is coming very soon.

Use of voice recognition as Verification System:
The use of voice recognition began ten years ago as a Veriferous System for the high-NET-World Banking Customers. However, with AI’s voice clone and soon the increasing use of video replicas, Altman has warned that these techniques can now copy individuals so accurately that separating them from real people has become “almost impossible”. This indicates an immediate need for more advanced and safe authentication techniques.
Altman has warned that artificial intelligence (AI) can completely eliminate some job sectors. During his presence at the Capital Framework for Large Banks Conference organized by Federal Reserve Board of Governors, he described customer service positions as particularly sensitive to automation.
The founder of Openai said that the change in the customer service industry is almost complete. He told the Vice Chair for Supervision of Federal Reserve, Michelle Bowman: “Now you call any of these and give AI reply. It is a super-smart, like a capable person. There is no phone tree, no transfer. It is not a transfer by any customer service agent of that company. Once we call, things just get done, work is completed. “