this post was submitted on 28 Feb 2024
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X is becoming a 'ghost town' of bots as AI-generated spam content floods the internet — A sign of the scale is the thriving industry in bot-making::The internet is filling up with machine-generated "zombie content" designed to game algorithms and scam humans. Experts call it the "great AI flood".

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[–] DoctorButts@kbin.melroy.org 10 points 8 months ago

A pig butchering scam is a type of confidence trick and investment fraud in which victims are gradually lured into making increasing contributions, in the form of cryptocurrency, to a seemingly sound investment before the party they are dealing with disappears.

-Wikipedia