Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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Warning after victim conned out of £250,000 in AI investment scam (www.rte.ie)

submitted 1 week ago by Infrapink@thebrainbin.org to c/fuck_ai@lemmy.world

6 comments fedilink hide all child comments

A person in Northern Ireland was scammed out of £250,000 (approximately €291,000) by what police have described as a "sophisticated" AI-generated investment fraud.

It began after the Co Down-based victim responded to an online video featuring a well-known personality from the financial sector.

It offered an investment opportunity with "significant" returns.

After the victim had invested a relatively modest amount, they were contacted via Whatsapp and encouraged to put in more.

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[–] Saledovil@sh.itjust.works 3 points 1 week ago

Eh, if you have savings, and family you can borrow money from, and a line of credit, then a quarter million is doable.

People who fall for these scams don't invest only what they can afford to lose, they invest all the funds they can mobilize.