Zerodha CEO Creates His Own Deepfake Video To Warn Banks About AI Content Threat – News18

Deepfakes and AI-generated content material have proliferated the very cloth of social media platforms. Not solely can we more and more see increasingly such content material, however it is usually a rising concern that it’s getting used to facilitate malicious intent.

Time and once more, a number of AI and trade consultants have warned web customers to be cautious of what they arrive throughout, and now, Zerodha CEO and co-founder Nithin is once more warning individuals in regards to the giant danger related to AI and deepfakes, and the way it can have an effect on monetary establishments.

He says that the “tipping point” for a similar was when onboarding grew to become digital. Simply put, digital technique of identification equivalent to Aadhaar at the moment are used to enroll new prospects, together with a couple of paperwork to confirm if an individual is actual. Meanwhile, he notes that there are “checks in place to check for liveliness and if the other person is real or not,” however due to the development in AI and deepfakes, will probably be more and more laborious to validate if a mentioned individual is actual or AI-generated.

Kamath additional notes, “This problem will be bigger for banks that have more stringent regulatory requirements during onboarding.” 

Kamath, within the video, additionally drops a bombshell when he confides that the video of him talking all of it is a deepfake itself—additional proving his level.

His warning comes at a time when we now have seen convincing deepfakes of notable individuals like Rashmika Mandanna, Alia Bhatt, and even Infosys. These deepfakes are created primarily to misinform individuals, make them fall victims to new scams, and therefore, for financial acquire.