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Sam Altman warns of AI fraud threatening banks as White House preps action plan

Ollie Chang, Taipei; Emily Kuo, DIGITIMES Asia Friday 25 July 2025 0

OpenAI CEO Sam Altman. Credit: AFP

OpenAI CEO Sam Altman made a surprise appearance at a US Federal Reserve regulatory meeting, stating that AI will completely reshape social structures. He predicted that AI would fully replace jobs, including customer service, and warned that AI could...

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