On his social media page, Nithin Kamath, CEO and founder of Zerodha, tweeted the video that was a deep fake and expressed his concern over the misuse of AI technology. He also stated how it can have an impact on the financial industries and elaborated on how it could become difficult to differentiate which is real and which is not. Also, I want to see the regulations evolve.
The alteration of facial features using deep-generating techniques is known as a "deepfake." While the practice of fabricating information is not new, deepfakes use sophisticated AI and machine learning algorithms to edit or create visual and auditory content that is easier to trick.
Deep fakes, the 21st century equivalent of Photo shopping, create visuals of fictitious events using deep learning, an artificial intelligence technique. Do you want to be a movie star, teach politicians new phrases, or become a professional dancer? The next step is to create a deep fake.
Actors like Rashmika Mandanna, Priyanka Chopra, Anushka Sharma and Katrina Kaif have also fallen prey to the deepfake videos, gone viral on the internet and spoke about it.
Deepfakes and other drawbacks of artificial intelligence have been a frequent source of concern for Prime Minister Narendra Modi.
"The entire world faces a challenge with Deepfake... Another major concern is AI tools falling into the hands of terrorists. The acquisition of AI weaponry by terrorist groups will have a significant effect on international security. We must organize how to address this," the prime minister was reported by ANI to have said.
A Supreme Court judge expressed her reservations about deepfakes last week, saying that while the technology's introduction is revolutionary, there are also issues about privacy invasion, security threats, and the spread of false information.