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”.

    • 9iNez@lemmy.world
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      9 months ago

      Wiki link Truly vile, long-term scamming strategy that became an industry in and of itself. There are entire companies that hire people specifically to lull people into trusting them and giving them money ( often their entire savings ) using what is essentially weaponized catfishing

    • abhibeckert@lemmy.world
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      9 months ago

      The key is to start small - throw away money for the victim so they don’t think it through.

      Then you progressively ask for larger amounts working the victim over with the sunk cost fallacy.

      It doesn’t take much, the victim naturally doesn’t want to admit they fucked up, and you can reinforce that so they think they’re doing the right thing by investing more money.

      Keep it up until they are bankrupt, then disappear.

      People have invested years I their twitter profile. They don’t want to admit it was a total waste of time.

    • DoctorButts@kbin.melroy.org
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      9 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