Artificial intelligence is advancing at lightning speed, and these advances are not only set to reshape our very reality, they could leave many losing all of their savings, according to cybercrime expert Marc Maisch, who also works as a lawyer helping victims reclaim their lost savings after they fall victim on the web.

He warned in an interview with Germany’s Die Welt newspaper that authorities will be powerless to stop this new coming crime wave, which will see criminals use AI tools to fleece potentially millions out of their money.

“AI is a great tool, but of course cybercriminals also use it to create phishing emails in order to have ChatGPT write malicious code that can be used immediately. And we haven’t yet talked about deepfakes and voice phishing, i.e., faces and voices are recreated. We are currently seeing the start of a revolutionary development in cybercrime. Next year, the year after that, this will have reached a whole new level,” 

https://www.zerohedge.com/technology/your-money-safe-within-year-millions-may-lose-their-savings-due-ai-threat-warns