WASHINGTON (AP) — OpenAI CEO Sam Altman warned the financial industry of a “significant impending fraud crisis” because of the ability of artificial intelligence tools to impersonate a person’s voice to bypass security checks and move money. Altman spoke at a Federal Reserve conference Tuesday in Washington.

OpenAI CEO Sam Altman recently spoke at a Federal Reserve conference in Washington, offering a blunt view of how artificial intelligence may reshape the world of work.

"Now you call one of these things, an AI answers, it's like a super smart capable person… it can do everything that any customer support agent at that company could do, it does not make mistakes, it's very quick, you call once, the thing just happens, it's done, answers right away, great."