Bill Gates Warns of AI Cyberattack Escalation in Next Year

Microsoft co-founder Bill Gates warned Sunday that unregulated artificial intelligence poses a growing threat to the financial system and corporate security, allowing criminals to exploit increasingly powerful AI tools to target banks, extort businesses, and disrupt markets. Gates cautioned that a lack of safeguards could lead to an escalation in cyberattacks over the coming year and noted that AI does not need to surpass human intelligence to be dangerous. His outlook aligns with data from CrowdStrike, which reported an 89% increase in attacks by AI-enabled adversaries last year.