Summary
Founder of MicroStrategy, Michael Saylor, warned about the rise of AI-powered deepfake scams on YouTube that aim to steal cryptocurrency. Saylor stated that his team takes down about 80 fake AI-generated YouTube videos every day, but scammers continue to create more. These scams involve impersonating notable figures and tricking viewers into sending Bitcoin with the promise of receiving more in return. Deepfake technology makes these schemes more difficult to detect, and YouTube has struggled to keep up with removing them. It is important for individuals to verify rather than blindly trust crypto-related offers online.
Key Points
1. Michael Saylor, founder of MicroStrategy, warned about the rise of AI-powered deepfake scams targeting YouTube viewers to steal cryptocurrency. He emphasized that there is no risk-free way to double Bitcoin and that his team takes down about 80 fake AI-generated YouTube videos every day.
2. Scammers have been impersonating notable figures in the crypto industry, such as Elon Musk, and tricking viewers into sending Bitcoin to unfamiliar addresses with the promise of receiving more in return. These scams have become more difficult to detect with the use of AI and deepfake technology.
3. Despite efforts by platforms like YouTube to take down AI-generated scam videos, the technology used to create deceptive content continues to improve. Video deepfakes, generative video, AI voice cloning, and real-time AI translations are now possible with just a few clicks. It is crucial for individuals to verify crypto-related offers online and not blindly trust unexpected offers that seem too good to be true.