Speaking at the Federal Reserve on Tuesday about the economic and societal impacts of AI, OpenAI CEO Sam Altman warned that the world could be heading toward a “fraud crisis”.
Altman stated, “A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money or do something else — you say a challenge phrase, and they just do it… That is a crazy thing to still be doing… AI has fully defeated most of the ways that people authenticate currently, other than passwords.”
Altman is supporting a tool called The Orb, created by Tools for Humanity, which claims it will provide “proof of human” in a world where AI makes it harder to tell what, and who, is real online.
“I am very nervous that we have an impending, significant, impending fraud crisis,” Altman said. “Right now, it’s a voice call; soon it’s going be a video or FaceTime that’s indistinguishable from reality.”
Regarding AI and job security, Altman said he’s not worried because “no one knows what happens next.”
“There’s a lot of these really smart-sounding predictions,” he stated. “‘Oh, this is going to happen on this and the economy over here.’ No one knows that. In my opinion, this is too complex of a system, this is too new and impactful of a technology, it’s very hard to predict.”
Alongside Altman’s speech, OpenAI issued a report prepared by its chief economist, highlighting ChatGPT’s productivity advantages for workers. According to the report, ChatGPT now has 500 million users globally.
Half of ChatGPT’s American users are between 18 and 34, “suggesting that there may be long-term economic benefits as they continue to use AI tools in the workplace going forward,” the report stated.
By CEO NA Editorial Staff
