YouTube Is Overflowing with AI-Created Crypto Fraud Ads

 YouTube Is Overflowing with AI-Created Crypto Fraud Ads

YouTube is already well known for having an excessive number of advertisements on its site, and it is currently even worse due to the emergence of AI technologies. Unfortunately, as many people on social media have noted, AI-generated advertisements endorsing cryptocurrency fraud have proliferated on the largest video-sharing platform in the world.

The prevalence of YouTube advertising is demonstrated by a post made on social media by a Facebook user who has experience working as a freelancer in the Bitcoin space. He has previously known notable figures and lecturers in this field. He continues by saying that this is a tried-and-true method of defrauding people online that is now simpler because of artificial intelligence techniques. With these tools, it's simple to create a false advertisement that seems real and is tough for the average person to tell apart from the real thing. On YouTube, there are hours-long live feeds that aim to con people out of their money.

This raises concerns about the drawbacks of generative AI, which is now widely available to practically everyone with an internet connection. Even while ChatGPT and other products are progressing, malicious actors can still use it with rising danger. However, the onus of addressing misleading advertisements on YouTube ultimately rests with Google. However, Google makes a ton of money from advertisements as well, so it's unclear if this problem will be addressed.