AI Frauds, Fakes, and Fallouts - Scams and Scandals of 2024
In this episode of The AI Chicks, hosts Aisha and Lana explore the subject of AI-related scams and scandals affecting various industries. From dissecting the sweeping implications of the botched CrowdStrike software update, which led to major disruptions across multiple sectors and exposed the vulnerabilities of AI monopolies...to creating fraudulent music royalties, amassing over $10 million through bot accounts to the growing concerns over AI and automation in the workforce. Through these case studies of scams and scandals of 2024, The AI Chicks offer an interesting look at the ethical dilemmas and regulatory challenges that come within the era of AI growth.
Show Notes
AI, artificial intelligence, AI scams, AI scandals, CrowdStrike, software update, tech industry, monopolies, supply chain, healthcare, banking, financial institutions, Fortune 500, AI music, North Carolina, entrepreneurial scams, bot accounts, music royalties, FTC, Operations AI Comply, fake reviews, AI lawyer services, Do Not Pay, AI tools, automation, robotics, dock workers, strikes, entertainment industry, job elimination, goods supply.
EPISODE COVERS:
1. CrowdStrike software update scandal impact.
2. AI monopolies in tech industries.
3. AI music and fake streams scam.
4. Bot accounts generating fake royalties.
5. FTC's Operation AI Comply initiative.
6. Fake AI-generated reviews crackdown.
7. Deceptive AI lawyer services exposed.
8. Company falsely claiming advanced AI use.
9. AI enforcement by FTC regulations.
10. Dock workers' strike over automation.
11. AI's role in job elimination.
12. Port industry impacted by AI tech.
13. Strikes in entertainment over AI.
14. AI in supply chain management.
15. Balancing AI efficiency and workforce.
TIMELINE:
00:00 AI companies control markets with unknown monopolies.
05:27 Companies face scrutiny for misleading AI claims.
06:56 Dock workers strike over AI implementation concerns.
09:29 Discussed AI scams and scandals, thanked listeners.