Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Steve Mollman

AI deepfakes pose 'significant' risk to 'identity systems upon which our entire economy relies,' warns fintech CEO

(Credit: Stuart Isett/Fortune)

With one new AI capability after another entering the mainstream, it’s tempting to give each one the same cursory consideration. But some merit more attention than others.

Consider AI deepfakes. Scammers can now use generative-AI tools to create voices, or even live video fakes, that sound or look like specific people—and request money transfers. As such, there’s a “significant” risk of such capabilities “breaking the trust and identity systems upon which our entire economy relies,” said Emily Chiu, CEO of Miami-based fintech startup Novo, at Fortune’s Most Powerful Women summit in Riyadh, Saudi Arabia, last week.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.