Why OpenAI’s CEO Is Sounding the Alarm on Banks—and Why Every Investor Should Pay Attention Now
Sam Altman, the CEO of $300 billion AI startup OpenAI, is asking finance industry leaders to stay ahead of AI trends — and to avoid voice authentication at all costs.
At the Federal Reserve’s Regulatory Capital Framework Conference on Tuesday in Washington, D.C., Altman told a crowd of financial regulators and industry experts that “a thing that terrifies” him is banks that still accept voices to authenticate identity. AI voice cloning hoaxes can copy a person’s voice in three seconds and use the cloned voice to empty bank accounts.
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