‘Fake Flex’ Trend Raises Alarm Over AI-Driven Fraud and Social Media Illusions
A new wave of artificial intelligence (AI) tools can now create realistic fake receipts and financial documents in seconds. With only a few details, such as a restaurant name, date, and price, users can generate documents that look authentic. What once required professional design skills is now easily done through mobile apps. Experts warn that this technology is increasing cases of online deception and financial fraud.
At first, some people used fake receipts online to show off luxury purchases, a trend called “fake flex.” However, the problem has become more serious. AI-generated receipts are now appearing in company expense claims, resale markets, and other financial transactions. According to reports, a growing percentage of fraudulent documents submitted to companies are AI-generated. Businesses and online platforms are concerned about the rising number of fake records.
The spread of this technology raises concerns about trust in digital information. When fake documents look real, it becomes harder to know what is true. Governments in countries such as South Korea, the United States, and members of the European Union are considering rules like labeling or watermarking AI-generated content. However, experts say technology is developing faster than regulations. As a result, verifying authenticity is becoming more difficult and costly.
Edited using generative AI tools.
Source :http://koreabizwire.com/fake-flex-trend-raises-alarm-over-ai-driven-fraud-and-social-media-illusions/344368 |
