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AI-powered misinformation biggest short-term threat to global economy

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Context: False and misleading information supercharged with cutting-edge artificial intelligence that threatens to erode democracy and polarise society is the top immediate risk to the global economy, the World Economic Forum said in a report on Wednesday.

About the report:

  • The World Economic Forum (WEF) report identifies misinformation and disinformation  as the most severe risk over the next two years, particularly due to rapid advances in technology, including generative AI chatbots like ChatGPT.
  • The proliferation of AI-powered misinformation and disinformation is a growing concern, especially as billions of people in various countries are set to participate in elections, where such content could be used to manipulate public opinion and impact democratic processes.
  • The rise of AI also brings other risks, such as empowering malicious actors to carry out cyberattacks more easily and embedding biases into AI models through poisoned data scraped off the internet.
  • The report highlights that societies could become further polarized as it becomes harder to verify facts, and the potential for AI to erode trust, fuel questions about the legitimacy of elected governments, and drive societal polarization is a significant concern.

There are several ways to detect AI-generated misinformation, including:

  • Repetitive words and phrases: AI-generated content may repeat the same words and phrases throughout the content when better alternatives exist
  • Incoherence: AI-generated content may have a hard time with interpretive analysis, placing things in context, and making a coherent argument
  • Incorrect grammar and punctuation: AI-generated content may have questionable grammar or misplaced commas
  • Lack of sourcing: If a notable lack of credible Sources is cited, especially linking to online content, chances are AI-generated
  • Skepticism: A bit of skepticism can help determine if a piece of content is AI-generated
  • AI tools: There are AI tools available to detect misinformation content created by AI, but they're not up to par yet
  • Assessment guidelines: Existing assessment guidelines for spotting misinformation can be used to detect AI-generated misinformation
  • Human expertise: Experts and the general public can help detect AI-generated misinformation

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