Reid Hoffman, Saam Motamedi, Sarah Guo, Lan Xuezhao, Matt Turck, Leigh Marie Braswell, Nathan Benaich, Rob Toews, Cat Wu, and Michael Dempsey highlight the AI trends to keep an eye on.
Brought to you by Sardine
Scams only work if people believe they’re real.
Scams hide in plain sight. The email outlining an investment opportunity or the phone call promising paid work may seem like good fortune. But more likely than not, they’re attempts to defraud you.
The sophistication of these scams means that anyone is at risk. Last year, fraud losses increased 70%, suggesting that fraud is outstripping our technological defenses. It’s a problem that is constantly evolving. While people like me and you are at risk, so are companies. Businesses lose billions every year in scams, sometimes without realizing it since they’re often defrauded by “verified” customers.
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The impact is major. Sardine helps businesses like FTX, Brex, Metamask, and Blockchain improve their conversion rates, raise order values, and lower fraud losses.
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To find the original piece, published Oct 30, 2022, follow this link.
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