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The AI threat costing Americans $16.6 billion a year

17 0
11.03.2026

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The AI threat costing Americans $16.6 billion a year

AI is already a weapon of mass fraud.

I was fortunate enough to spend several days last week at the Aspen Institute’s Crosscurrent summit on AI and national security in San Francisco. My first takeaway: I very much recommend being in sunny (at the moment, at least) San Francisco rather than slushy, raw New York in early March. The second took a little longer to form.

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The conference was full of former national security officials, cybersecurity executives, and AI leaders, and the conversation mostly went where you’d expect: the Anthropic-Pentagon fight, the role of AI in the Iran conflict, the coming of autonomous weapons. But the panel that stuck with me was about something less dramatic. It was about something almost old-fashioned, now supercharged by AI: scams.

The AI industry’s civil war

At one point, Todd Hemmen, a deputy assistant director in the FBI’s Cyber Division’s Cyber Capabilities branch, described how North Korean operatives are using AI-generated face overlays to pass remote job interviews at Western tech companies — then working multiple remote positions simultaneously, funneling the salaries and any intelligence back to the regime in Pyongyang. They fabricate résumés with AI, prep for interviews with AI, and use AI to wear the “face of someone who’s not the person behind the camera,” Hemmen told the audience. Some of the most proficient actors are holding down several full-time jobs at once, all under fake identities, all enabled by tools that didn’t exist two years ago.

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