AI expert Marva Bailer tells Fox News Digital how the open availability of artificial intelligence can have negative impacts and talks potential federal legislation to control it. Older Americans reportedly lost $1.1 billion to fraud in 2022, according to the annual Senate Committee on Aging report released this month, and most of the scams utilized AI technology to clone the voices of people they knew and other AI-generated ploys. During a Thursday committee hearing on AI scams, committee chairman Sen. Bob Casey, D-Pa., published the group's annual fraud book highlighting the top scams last year. It found that from January 2020 to June 2021, the FBI found "individuals reportedly lost $13 million to grandparent and person-in-need scams." Sen. Elizabeth Warren, D-Mass, also a member of the committee, said the $1.1 billion figure in total losses is "almost surely an underestimate," since it does not factor in the instances of victims who don't report scams due to embarrassment.

America is getting older faster. According to the U.S. Census Bureau, the number of people aged 65 or older in the United States will grow to 95 million by the year 2060 and will account for nearly one-quarter of the population. Artificial intelligence (AI) and technology solutions have a significant potential to transform quality of life and improve health care outcomes for older Americans, including those with Alzheimer's Disease and Related Dementias (AD/ADRD). To meet this challenge, the AI/Tech Aging (a2) Collective is announcing the a2 Pilot Awards, a national competition that will earmark $40 million over the next 5 years for promising pilot projects that leverage AI and other transformative technology to support healthy aging and persons living with AD/ADRD. The a2 Collective represents the National Institute on Aging's (NIA) Artificial Intelligence and Technology Collaboratories for Aging Research (AITC) program, which is dedicated to helping Americans live longer, better through the application of AI and emerging technologies.

Higher Educational Failure - Colleges and universities are still educating the majority of its students for the last century, not this one. Students graduating from medical school, law school, education, journalism, and dozens of other majors have no training in how robotics or AI will impact them. Higher education needs to rethink curriculum for the future. Massive, Permanent Underclass - More than 26m people in the US perform some form of manual labor as their sole source of income. Older Americans are, because of the high costs of health insurance and benefits, with no long-term loyalty by a company, much harder to reemploy.