The David McWilliams Podcast Deepfakes, Big Tech, and the Coming AI Crash?
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Sep 11, 2025 Investment in AI is surging, as major tech companies channel billions into this transformative technology, raising concerns of a potential bubble. Historical parallels to past financial crises reveal the risks of market concentration and hype in technology sectors. Conversations about the dangers of deepfakes and scams shed light on accountability for social media giants. The podcast delves into the sociopolitical implications of AI and communication, framing the ongoing stakes in our rapidly evolving digital landscape.
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Targeted By Deepfake Scams
- David McWilliams describes being targeted by deepfake scams that impersonated him to hoodwink elderly people.
- He reports persistent harassment and difficulty getting platforms to remove the criminal content.
Report And Warn About Deepfakes
- If you see suspicious deepfake requests on social media, report and complain to the platform immediately.
- Warn vulnerable people, especially the elderly, to never give phone or financial details to unsolicited contacts.
RCA's Spectacular Rise And Fall
- David recounts RCA's boom: shares rose 200x then collapsed from $500 to $2.60 by 1932.
- He notes Joe Kennedy exited RCA early and profited before the crash.
