this post was submitted on 04 Jan 2024
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HyperVerse hedge fund CEO may not exist — Investigation finds no record of identity after collapse causing an estimated $1.3 billion in customer losses::HyperVerse's collapse caused an estimated $1.3 billion in customer losses.

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[–] SnotFlickerman@lemmy.blahaj.zone 61 points 2 years ago (19 children)

This is the real endgame for AI.

Right now, we actually have available at least a path for journalists to follow to find wrongdoing by corporations.

Just wait until a future is filled with corporate boards that are all made up aliases that don't represent who the ownership and leadership really is?

CEOs and the C-Suite have hidden behind customer service and the like for decades now, insulating themselves from ever having to hear a complaint from a customer. The CEOs don't give a damn about the call center customer service workers suffering abuse from angry customers because of the CEOs own shitty decisions.

The second they can get away with hiding themselves behind false personas, they fucking will and this kind of shit is proof.

Inb4: "But these people were clearly scammers and charlatans!"

I think you misspelled "capitalist."

[–] erwan@lemmy.ml 6 points 2 years ago

You don't need AI to create a fake person. Scammers have been doing that for decades, or stealing people's identity. Even a video can be made with an actor.

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