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Hashtag Trending Oct.17 – Generative AI gives surge to "AI washing"; LinkedIn announces it's laying off over 660 employees; New York State Assembly introduces bill to regulate 3D printed firearms - Vimarsana News

Hashtag Trending Oct.17 – Generative AI gives surge to "AI washing"; LinkedIn announces it's laying off over 660 employees; New York State Assembly introduces bill to regulate 3D printed firearms

It’s not “AI washing” it’s fraud, according to a US regulator. LinkedIN announces key layoffs. You might need a background check before you get that 3D printer And a financial crash brought about by AI is “nearly unavoidable” according to the chair of the Securities and Exchange Commission. These and more top tech stories

Generative AI is everything, everywhere, all at once - Vimarsana News

Generative AI is everything, everywhere, all at once

Businesses want in on generative AI and are willing to do anything to ride the wave.

Source: zdnet.com
West Hollywood company's AI services were actually 'allegedly inaccurate' fraud scheme, FTC says - Vimarsana News

West Hollywood company's AI services were actually 'allegedly inaccurate' fraud scheme, FTC says

It seems every industry under the sun is expected to change drastically with the rise of artificial intelligence. That list now includes illegal activities like fraud, according to the Federal Trade Commission. The agency said last month that three young entrepreneurs – Andrew Chapman and brothers John and Roman Cresto – stole millions from clients […]

Source: yahoo.com
Amazon AI scammers blew millions on Lake Como wedding and cars, FTC alleges - Vimarsana News

Amazon AI scammers blew millions on Lake Como wedding and cars, FTC alleges

John and Roman Cresto made millions of dollars selling themselves as e-commerce “experts” who could teach regular consumers and investors the secret to selling success on Amazon and Walmart, for a price.

Source: aol.com
From Amazon Achievements to Walmart Woes: The Cresto Brothers' Luxury Lifestyle Under Scrutiny - Amazon.com (NASDAQ:AMZN), Walmart (NYSE:WMT) - Vimarsana News

From Amazon Achievements to Walmart Woes: The Cresto Brothers' Luxury Lifestyle Under Scrutiny - Amazon.com (NASDAQ:AMZN), Walmart (NYSE:WMT)

John and Roman Cresto, while showcasing a flashy lifestyle of luxury and prosperity, portrayed themselves as e-commerce maestros with the knack to guide others toward significant success on platforms like Amazon.Com Inc (NASDAQ: AMZN) and Walmart Inc (NY