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AI or Artificial Intelligence is not a new technology, but it has significantly advanced and become more accessible in recent times. We now encounter AI tools like SIRI, Alexa, and Google Assistant in our daily lives, showcasing the widespread adoption of AI or Artificial Intelligence technology.
The AI is to make or life more easy and better. AI is important in current life style and has potential to change the way we live, we work and we do our day to day activities. Their are many areas and business where the AI is being or may be used very effectively and in some area's it perform better as well as faster then the humans for automate tasks like customer services work and quality control.
What is Artificial Intelligence (AI)?
If you ask to explain an AI or Artificial Intelligence in simple words then - it is human intelligence simulation processes by machines, and the machine means generally a computer systems. Some specific applications of AI include robotics, automation, automotive, natural language processing, recognition of speech etc.
Some Negative Aspects of AI - A Financial Scam Story
Every coin has two side so the AI has two side one is positive which is for the betterment of life and the other side is negative which may cause the harm.
Artificial Intelligence (AI) also has both positive and negative aspects.
I am talking about the financial harm in this post. The positive side includes the high speed, good at detail oriented jobs, it reduces the time for tasks etc. but the rise of AI-powered scams which are targeting common individuals are big threat now days.
Technology is so advance now that people an copy the voices, even they can create the realistic video or realistic images of a person with the help of AI technology. Recently I come to know about an incident which involved advancement of technology allows for the manipulation of voices, creation of fake videos or images using AI, leading to instances where AI is exploited for malicious purposes. Recently an incident came to light which involves the uses of AI to deceive and defraud unsuspecting individuals.
We talked about the positive side, lets me share a story which is also shows the negative aspect of the technology.
A person got a video call form one of his friend, which was in hospital. The person on video call told his friend that his brother meet an accident and is admitted in hospital and his condition is not good. Doctor suggested the surgery which cost a lot. He asked the financial help form his friend. On knowing the condition of his friend's brother the person got ready to transfer the amount he asked for help.
After some day he called his friend to know the medical condition of his friend's brother. When he called he come to know that his friend's brother was absolutely fine and nothing was happened to him. The person remind his friend about the video call and the money he transferred to him as he asked over video call for the surgery of jis brother. To his surprise he come to know that his friend never called him. At that instant they got alert and after some investigation they come to know that the call he received was from the number which was not belongs to his friend. Some one using the AI created a fake video call and made then fool and looted the money.
This story exemplifies the negative side of technology. While we have discussed the positive aspects of AI, it is crucial to remain aware of the potential risks associated with AI-powered scams and the misuse of technology to exploit unsuspecting individuals.
The above story highlights only one type of AI-related scam among many others that criminals are using to defraud people. It involves misusing AI technology to create a fake kidnapping situation where the criminals call the parents and demand ransom amount while threatening to harm their kidnapped child. What makes this scam believable is that the parents can hear their child's voice in the background of the call, leading them to believe that their child is with the kidnappers.
However, the twist in this scam is that the criminals have never actually kidnapped the child. Instead, they have blocked the child's mobile number using technology to make it seem like the child is out of contact. They also use AI technology to mimic the child's voice during the call to create a more realistic kidnapping scenario.
The above are just two example of the many AI-related scams that criminals are using today to defraud people. The miss information and misleading images goes viral also also more techniques used by the criminal and fraud peoples. The similar incident come into light when a picture of a famous military building on fire was gone viral over internet. The image shows a heavy attack on military building and which leads to the heavy correction in share market. The people start selling then shares in panic but afterwards it was come to know that the image creation and then make it viral was a part of a plan by some people to manipulate the shares market to get gain form short selling the shares.
The technology continues to advance, it is becoming increasingly challenging to identify and prevent these scams in today life. Therefore, it is very crucial to stay informed and vigilant, especially when dealing with unknown or suspicious calls, messages, or emails. By taking adequate precautions and being aware of these scams, we can do our part in avoiding falling prey to these fraudulent activities. As I already says the coin has two sides always, the AI is for the betterment of man kind if is in good hands. But it creates big problem when the bad propels used it for their personal use or to defraud other peoples.
I have not come across any Blockchain project working on AI technology. If you know please let mw know in comments.