Altman isn’t alone in worrying that AI will supercharge fraud. The FBI warned about these AI voice and video “cloning” scams last year.

"Now you call one of these things, an AI answers, it's like a super smart capable person… it can do everything that any customer support agent at that company could do, it does not make mistakes, it's very quick, you call once, the thing just happens, it's done, answers right away, great."

O penAI Chief Executive Sam Altman said he is concerned that financial firms aren’t adequately dealing with a rise in artificial intelligence-enabled scams against bank customers, highlighting a chief concern of lenders as the emerging technology grows more sophisticated.