AI agents break the internet's three-layer transaction fraud validation chain
arampell · x · 2026-09-03
Aram Pell outlines three layers of internet transaction fraud/validation — (1) is this a real identity, (2) is the counterparty the legitimate credential holder, (3) is the person of sound mind to decide (think casinos refusing drunk gamblers). Agents complicate all three: how is delegated authority granted, how is the whole validation chain preserved through to the final transaction, and who bears the risk when things go wrong?
More from AGI Musings
- Kokotajlo urges OpenAI chief scientist to push industrywide AI monitorability standard — GaryMarcus · 2026-09-03
- As OpenAI Sells ChatGPT Ads, 5-Year-Old 'AI Loyalty' Paper Gains New Relevance — HarrySurden · 2026-09-03
- Joshua Saxe on influencer entrepreneurs who profit from denying inconvenient AI truths — joshua_saxe · 2026-09-03
- Robotics' demo-to-reality gap will dwarf LLMs', argues new post listing 14 challenges — Ben_Reinhardt · 2026-09-03
- Matt Shumer: slow AI releases aren't a wall — safety clearance is the bottleneck, wave of frontier models imminent — mattshumer_ · 2026-09-03
- Blogger pushes back on Flock Safety hype: 24/7 surveillance cuts crime, but at what cost? — AIandDesign · 2026-09-03