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- 💸 Deepfake Costs Company $25 Million
💸 Deepfake Costs Company $25 Million
AND: More news from Meta
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Welcome back, Cyberman!
Deepfakes are getting out of control, especially videos and Meta is trying to put labels on AI-generated content ahead of the global election. Let’s get into the details…
In today’s menu:
Quick Stats: 92% of organizations plan to use AI
Deepfake costs company $25 million
Meta to put labels on images created by AI
AI course: Free ChatGPT workshop
AI Image of the Day
3 Trending Short Takes
Read time: 5 minutes!
QUICK STATS
A new study by Amazon finds that 92% of organizations plan to use AI solutions by 2028. Let that sink in for a moment!
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b9dc854e-4718-466c-87ac-c14ee67ece0d/amazon_stats.gif?t=1707239539)
LATEST NEWS
Deepfake costs company $25 million
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/895fd5ab-5419-43a0-9bf9-8f4ea4011d36/deepfake.jpg?t=1707241093)
Scammers created AI-generated deepfake videos to impersonate the CFO of a multinational company during a video call, CNN reported.
This deception led an employee to mistakenly transfer more than $25 million, believing it to be a legitimate request. The scam featured deepfake portrayals of the CFO and other top executives.
Hong Kong police report more than 20 incidents where AI deepfakes were used to circumvent facial recognition systems, highlighting the growing use of deepfake technology in fraud and identity theft cases.
Meta to put labels on images created by AI
Meta is making it easier to spot images made by AI on its websites.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/bb2d503f-8663-433a-bda4-43f15453d52c/meta.jpg?t=1707241774)
They will start showing labels on pictures made with other companies' tools, not just their own "Imagine with Meta" tool. This is especially important for pictures related to elections worldwide.
Meta is also looking into using AI to help check content, but they know it's hard to tell when videos and audio are made by AI. They want people to say if their content is made by AI.
AI COURSE OF THE DAY
🚀Join this 3-hour power-packed workshop (worth $99) for FREE and learn hacks to 10X work output and grow your business.
With AI & ChatGPT, you will be able to:
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AI IMAGE OF THE DAY
Things you don't want to see from an airplane window
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9fd5dc44-e5bc-47d2-8f6d-f9a51b4a6401/Frame_2-min.jpg?t=1707239442)
Credit: whatdoihia on Reddit
SHORT TAKES
China’s generative video race heats up. China's tech giants, like Tencent, are intensifying their efforts in the text- and image-to-video arena. Tencent recently released an updated version of its open source video generation model, DynamiCrafter, on GitHub. Read more…
AI decodes 2,000-year-old Roman scroll. Classical scholars and computer scientists partially decode a buried scroll using AI and X-ray technology. The Herculaneum Papyri scroll contains texts by Philodemus on topics like food and music, giving insights into ancient Roman life. Read more…
Bumble introduces Deception Detector, an AI-powered tool that blocks 95% of spam and fake profiles on its dating platform. Read more…
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