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Steve Wozniak, the co-founder of Apple, is predicting that artificial intelligence would transform the nature of scams and make them more convincing, and is expecting stricter laws to control the use of such technologies.
The number of scammers who are targeting naïve and beginner investors appears to rise concurrently with the surging interest in AI.
A California financial regulator has alleged purported crypto firms impersonated their CEOs with actors and AI.