Why OpenAI’s CEO Is Sounding the Alarm on Banks—and Why Every Investor Should Pay Attention Now
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.
“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,” Altman said at the event, per Business Insider.
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