Visa is gonna hand over my bank details to a chatbot, but if I want to buy a game with anime tits Visa flips the fuck out and starts threatening platforms.
VISA: “We wont let adults engage in consensual adult activities via our payment network becuase some religious nutjob somewhere might complain about it, but we’re gonna hand over our network to AI so it can spend all your and our money because we’re customer first”
also just a reminder there was a big password breach with instagram/meta/whatever because people asked an AI agent to give them the passwords for famous peoples accounts.
I cant wait for something similar happening on VISA, someone prompt bombing to get the AI to charge a random account and people melting down as 10s of thousands of dollars of charges appear out of no where.
You can’t buy weed with a Visa card, either, even in places where it’s legal.
I buy weed with a Visa card all the time.
Do you mean you can’t buy weed in places where it’s been only decriminalized but not fully legalized? Decriminalized means it’s still illegal but the government just decided to stop enforcing the law. It’s not actually the same as legalization, and yeah it results in all kinds of stupid situations. And yeah, a big company isn’t going to engage in something that’s technically illegal even if the law won’t be enforced.
No I mean fully legalized states. No bank in the US will work with a dispensary, so if you live here and are buying weed with one, it’s because they’re exploiting a loophole where you’re not buying weed with a Visa card, you’re “withdrawing cash”. Getting change in cash is a tell-tale sign that this is what they’re doing.
I’m pretty sure it’s still a federal crime in the US.
Here in the True North Strong and Free, weed is legalized at all levels of government and I can confirm that I can indeed buy weed with a Visa card. I can even buy it online and have it delivered to my door by the postal service. That got me through the pandemic.
Sorry your country kinda sucks about this, but it’s not really a credit card thing. CC companies suck for many reasons, but this isn’t one of them.
its still illegal federally, and fed laws are above state laws.
Which is why.
also just a reminder there was a big password breach with instagram/meta/whatever because people asked an AI agent to give them the passwords for famous peoples accounts.
That’s misleading, accounts have been taken over but passwords have not been leaked (how would that even be possible?)
They got the ai agent to send the password reset onetime code to a new address that they supplied through the chat.
Effectively hijacking the pw reset and its safeguard. The users password did not need to be known
I was gonna say, if they knew their users’ passwords, then they already had bigger problems.
Lets get mastercard in on this as well and then we’re almost halfway to economic collapse
They already are. And paypal, stripe, etc. They are all in an “arms race” to become the preferred AI shopping payment system.
fuck yeah, burn it all down.
This money thing was overrated anyway.
Holy fucking shit we’ve lost our minds collectively.
Wait until you try to buy the newest 60 series gpu.
Bill for a new car arrives in your email. ChatGPT says I figured it was time for you to get a new car. Bank says can’t return it as it’s a legit purchase from your account.
Fun fact: banks don’t like people fucking with their money. A massive influx of fraud claims over a foreseeable risk will be a slam dunk for the banking industry to kill openAI and auction off its corpse.
That’s wishful thinking at best. Banks have your money invested in the AI bubble right now. If anything, they’re already working to disqualify purchases made by AI from being considered fraud.
Is it better to withdraw all our money from banks and return to cash?
Yes, the sooner the better
An investment they can pull out again at any time it stops being beneficial to them.
Banks are already starting to unload the loans. They will soon be in someone’s pension fund
I don’t trust big businesses to act in my interest, even when it is also very much in their best interests.
Witness the insurance industry flagging the risks of climate change an a massive risk to their industry, and then not using their immense marketing and lobbying power to push for changes that would ultimately result in better future profits (and even survivability) for themselves.
It was cheaper to create climate exceptions.
What could possibly go wrong?
Payment integrations with AI is NOT a good idea. I still remember a few years back a controversy that happened with Amazon’s Alexa. Apparently, alexa speakers started ordering people dollhouses after hearing its name on TV. Yes ik ik you can disable purchases from amazon from the alexa app but by default, it was enabled.
This article covers it all: https://www.theverge.com/2017/1/7/14200210/amazon-alexa-tech-news-anchor-order-dollhouse
This is the main part
At the end of the story, Anchor Jim Patton remarked: “I love the little girl, saying ‘Alexa ordered me a dollhouse,’” According to CW6 News, Echo owners who were watching the broadcast found that the remark triggered orders on their own devices.
Having Alexa automatically order stuff is really insane. Like it’s just going to buy stuff without checking the prices and and comparing products.
But I suppose it makes sense to Jeff Bezos who doesn’t care about the price of anything and has a human assistant that checks product reviews and such to make sure their boss gets a good product. So of course everyone will want to have a crappier version of what billionaires have and no one cares about the price of the things they buy, right?
Of the list of things I would never do. Giving an AI my credit card to shop for me is pretty near the top of the list.
I still don’t trust having it on my phone.
What about your investment portfolio? https://robinhood.com/us/en/agentic-trading/
Why does everything have to be an AI agent, I don’t get it.
If you desperately want AI to do your trades then the best options are one of the trading algorithms that are around for ages now, at least they don’t hallucinate.
People really lost the plot a while ago.
So we’re getting robbed?
Always have been.
People must be so time poor that this seems a good idea. Having stuff arrive at the door that I didn’t know I wanted and balancing the books afterwards seem like new mystery experience awaiting.
That happened a lot before I retired from drinking
Slop slop slop. Sloppity slop
Christ almighty I need language that can robustly and efficiently communicate the depths of my frustration with the lack of wisdom and thought behind this choice.
Aaaaand people trick it into paying with someone else’s info in 3…2…
More like the company. I have yet to hear of one user gaining access to another user’s session/info?
Instagram allowed account recovery without verification
I’m soooo proud of the EU creating their own payment options. Might not be perfect, but at least it’s not this.
Is it actually live yet? I’ll certainly switch when I have the option.
Man I can’t wait for the European alternative.
If I wasn’t forced to use this shit, I would burn that stupid plastic card in a heart beat.
the current european alternative does not have cards, only an app locked to googlified android and ios phones.
Also there’s like 7 places you can actually use that. I’d get rid of my cards too immediately if there was an actual, viable, european alternative. I pretty much have to use Google on my phone anyways so that my current banking apps and other stuff work reliably, so at least for me it’s smaller and better known evil than Visa.
They are working on an European alternative. Wero is just one backed project. The “digital euro” is what they are working on as an alternative. Though no idea how far that is.
Digital euro should/could/might be in wide use by 2029. But as with anything involving European burecraucy, who knows.
I pretty much have to use Google on my phone anyways so that my current banking apps and other stuff work reliably,
they should work in the mobile browser. if they don’t, you should switch providers because it’s not normal
In here practically all banks use their own app for MFA. They have options to work without one, but that would be way more inconvenient than allowing google on my phone. Also, moving mortage from one bank to another is pretty expensive task. Also the loan terms would be worse now than what I got when we bought the house.
hope MC doesnt follow suit. would have to go back on the cash system then
They already have, read the article.
i did read it top to bottom
Visa’s biggest competitor, Mastercard, has also been introducing its own AI-shopping features to its payment network on a smaller scale.
Then you missed this part.
long as im not automatically opted in, it matters not much
