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Snapshot 4:Thu, Oct 17, 2024 7:42:43 PM GMT last edited by NickBurk

US Treasury Has Used AI to Catch $1B in Fraud This Year

US Treasury Has Used AI to Catch $1B in Fraud This Year

Image copyright: Kent Nishimura/Contributor/Bloomberg via Getty Images

The Spin

While we must be cautious around these still novel technologies, this news should excite every taxpayer who careswants about their money beingwell safecared for and used correctlyspent. SinceWith AImachine islearning, nowAI ablecan toconstantly learnimprove from its ownskills machineto learning systems, it can analyze and detect patterns of fraud in milliseconds. We'll always need humans to ensure proper use, but with the help of AI, criminals should prepare for a hard road ahead.

While the government offers nice platitudes about using AI for good while restraining its bad aspects, the truth is that the corporations who own these technologies also own the government. The US federal government, which played a significant role in funding AI development, is now handing it over to corporations to control every aspect of our lives.

Metaculus Prediction

There is a 50% chance that an artificial intelligence will be mentioned in a constitution of a major sovereign country by 2039, according to the Metaculus prediction community.


The Controversies



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