Sam Altman wants the U.S. government to pull back on AI regulation, but he's also concerned about an impending "AI fraud crisis."

WASHINGTON (AP) — OpenAI CEO Sam Altman warned the financial industry of a “significant impending fraud crisis” because of the ability of artificial intelligence tools to impersonate a person’s voice to bypass security checks and move money. Altman spoke at a Federal Reserve conference Tuesday in Washington.

Altman isn’t alone in worrying that AI will supercharge fraud. The FBI warned about these AI voice and video “cloning” scams last year.