Warren Buffett has raised the alarm on AI, warning it threatens to supercharge fraud by making scams more convincing than ever.

“Scamming has always been part of the American scene,” the famed investor and Berkshire CEO said during his company’s annual shareholder meeting on Saturday.

But Buffett said that images and videos created using artificial intelligence have become so convincing that it’s virtually impossible to discern if they’re real or not.

“When you think of the potential of scamming people … if I was interested in scamming, it’s going to be the growth industry of all time,” he said.

He recalled seeing a deepfake video of himself that a fraudster was using to ask strangers for cash.

“I practically would have sent money to myself over in some crazy country,” he quipped.

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