In a recent address, OpenAI CEO Sam Altman raised alarms about an impending AI-driven fraud crisis that could significantly impact consumer accounts, particularly through voice fraud in banking. Speaking at a Federal Reserve conference, he emphasized that entire job categories may disappear as AI technology evolves, changing the nature of work as we know it. Altman expressed his concerns about the financial system and the rapid adoption of AI by financial companies, noting that the current landscape leaves much uncertainty about the future of labor. His warnings serve as a critical reminder for bankers and regulators to prepare for the challenges posed by AI advancements.