Scamming Becomes $422 Billion Business With AI Assistance
PYMNTS | ·
Like many industries, scamming is getting an artificial intelligence-powered upgrade. That’s according to a report Saturday (Oct. 10) by Bloomberg News, citing data from the Global Anti-Scam Alliance estimating victims lost $442 billion across 42 countries last year, more than some valuations for the worldwide cocaine trade. “It’s just gotten so cheap and so easy,” […] The post Scamming Becomes $422 Billion Business With AI Assistance appeared first on PYMNTS.com .
Like many industries, scamming is getting an artificial intelligence-powered upgrade. That’s according to a report Saturday (Oct. 10) by Bloomberg News, citing data from the Global Anti-Scam Alliance estimating victims lost $442 billion across 42 countries last year, more than some valuations for the worldwide cocaine trade. “It’s just gotten so cheap and so easy,” […] The post Scamming Becomes $422 Billion Business With AI Assistance appeared first on PYMNTS.com .