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Deepfakes of Elon Musk are contributing to billions of dollars in fraud losses in the U.S.

CBS News
Summary
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77% Informative

AI-generated content contributed to more than $12 billion in fraud losses last year , according to Deloitte .

Elon Musk is the most common celebrity used in deepfake scams.

The CBS News Texas I-Team tested five websites claiming they can detect deepfakes.

The tools correctly identified the tested videos nearly 75% of the time.

Attestiv, DeepFake-O-Meter and Sensity Sensity's deepfake detection tools identify A.I. manipulation.

Both authentic videos flagged as "suspicious" included graphics and edits.

The company's CEO Nicos Vekiarides said false positives can be triggered by factors like graphics.