tl;dr
Michael Saylor, founder of MicroStrategy, recently warned the Bitcoin community about deep-fake videos generated with the help of AI technology, featuring him in Bitcoin trading and cryptocurrency giveaway scams. These fraudulent videos were being circulated on YouTube every 15 minutes. Similarly, C...
Michael Saylor, founder of MicroStrategy, recently warned the Bitcoin community about deep-fake videos generated with the help of AI technology, featuring him in Bitcoin trading and cryptocurrency giveaway scams. These fraudulent videos were being circulated on YouTube every 15 minutes. Similarly, Charles Hoskinson, the founder of Cardano, expressed worry over AI-generated scam videos, predicting that they will become more sophisticated in the next few years. Both Saylor and Hoskinson are outspoken figures in the world of finance and cryptocurrency, and their concerns highlight the potential threats posed by advancements in artificial intelligence technology.
The MicroStrategy founder took to Twitter/X social media platform to share with his followers that his security team has been taking down deep-fake videos generated with the help of AI from YouTube. Those scam videos featured Saylor, Bitcoin trading and cryptocurrency giveaway scams every 15 minutes, per the Bitcoin evangelist. His tweet contained several “warning sign” emojis. In December 2023, scammers armed with AI tools made videos with Charles Hoskinson, and now they have chosen Michael Saylor for this since he is a vocal Bitcoin evangelist and an outstanding figure in the world of business and finance. Similarly, Charles Hoskinson also commented on a tweet featuring a deep-fake video with him talking about a “Cardano giveaway.” Hoskinson admitted that so far this video is imperfect and this is clearly visible; however, he believes that within the next two-three years, these AI-generated scam videos will become a lot more sophisticated and then hardly anyone will be able to tell reality from “AI fiction.”
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