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American Tech Fuels Global Scam Epidemic | Texas News
American tech is powering a global scam epidemic, with AI tools like ChatGPT and Gemini helping fraudsters craft convincing fake messages at scale. The FTC estimates Americans lose nearly $200 billion this year alone—thanks to tech woven into digital supply chains that scammers exploit. While major U.S. companies have the power to stop it, weak legal and business incentives leave them largely idle. But change is coming: lawmakers are pushing for voluntary cooperation, and a new Scam Center Strike Force is already disrupting millions of scam accounts and seizing equipment, signaling a serious…
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