Artificial Intelligence (AI) has become a powerful tool that scammers are increasingly using to deceive individuals. From creating 'deep fake' images to executing robo scams, the threat of AI-driven fraud is real and growing. So, what can you do to safeguard yourself from falling victim to these schemes?
Government agencies are lagging in their response to this emerging threat. Experts warn that older Americans are particularly vulnerable to AI scams. The Consumer Financial Protection Bureau (CFPB) has highlighted the risks posed by AI, especially in the context of customer service 'chatbots' that can mimic human interactions.