First of all, I want you guys to take a moment look around this hall. We all are here present physically. Some part of our mind is absent.Where is it. It's at the moment hooked on to a system which never sleeps, which never locks off. is the same system which is rewiring our minds in the way we think, in the way we feel and in the way we interact.Yes, that's what I'm going to speak about is the world of always being online. We are right now in a hyperconnected digital world which never lets us sleep. We're ...

Scam Overview - The presentation discusses "pig butchering," a scam that starts with random messages on WhatsApp and evolves into a sophisticated fraud involving human trafficking [1][2][3] - The scam involves grooming victims, building trust, and then enticing them to invest in fake schemes, often involving cryptocurrency [4][5][6] - Victims are lured with promises of high returns, initially seeing small profits, but are eventually defrauded of large sums, including life savings [6][7][8][9] Modus Operandi - Scammers create fake online identities and build relationships with victims over time, often showcasing a luxurious lifestyle [4][5] - The scam has evolved from targeting primarily Chinese individuals to a global operation, facilitated by human trafficking to staff scam compounds [15][16] - These scam compounds, located in special economic zones in countries like Cambodia and Myanmar, exploit trafficked individuals to conduct scams [12][17][18] Economic and Social Impact - The scam industry is estimated to be a $75 billion market, with year-on-year returns of 40% [25][26] - The scam targets vulnerable individuals, including senior citizens, leading to financial loss, mental trauma, and erosion of trust [27][28][29] - The rise of AI and deep fakes is exacerbating the problem, making it harder to distinguish between real and fake interactions [22][23][24] Countermeasures - Awareness and education are crucial to combating these scams, requiring collaboration between educational institutions, tech companies, and governments [36][37][38] - Big tech companies should be held accountable for implementing safeguards and algorithms to prevent scams [40] - Governments need to enact regulations and policies to address transnational crimes, and law enforcement should handle cases with empathy to encourage reporting [41][42]

RT Bloomberg Live (@BloombergLive)How are people using deep fakes and AI to manipulate humans?@Darktrace's Jill Popelka shares the story of candidate who got an interview for a job at Darktrace using deep fake and AI.⏯️ https://t.co/nnRX4STUiQ https://t.co/ymBqLydJ5W ...

[Applause] So let's talk a little about AI and how we got to this exciting but also scary world of deep fakes. So over the last few years been a massive democratization of AI. We've seen hardware costs dramatically decrease. We've seen software cost dramatically decrease where we have a lot of software that is now free. We've seen inference costs go down by a factor of 100.We've seen over 10,000 products available on our desktops, on our phones. Typically, we're just a Google search away where anybody witho ...