Deepfake impact: legal, economic, ethical challenges need urgent action

A compelling and thought-provoking representation of 'Deepfake impact_ legal, economic, ethical challenges need urgent action'. The scene depicts a mo
(Photo: Ai-Generated)
A compelling and thought-provoking representation of 'Deepfake impact_ legal, economic, ethical challenges need urgent action'. The scene depicts a mo

Hamza Alakaleek

Hamza Alakaleek has graduate degrees in International Political Economy and International Business Law from Yarmouk University and University de Montreal with focus in Internet of Things, Artificial Intelligence and Data Protection.

Last September, a person who tried to imitate the voice of President Recep Tayyip Erdogan, using artificial intelligence techniques, to defraud businessmen and government officials was arrested. اضافة اعلان

The National Intelligence Agency has identified the person involved in imitating Erdogan's voice, where he attempted to defraud businessmen and senior government officials by imitating the Turkish president's voice. The suspect contacted several businessmen via ten different phone lines, purchased under the names of foreigners, exploiting the imitation of the voice of the Turkish President, using artificial intelligence applications.

This leads to the next point: the ethics of deepfake technology. The anatomy of the technology holds several key components: it can generate synthetic images, videos, and audio that closely mimic real-life subjects. The algorithms, neural networks, and machine learning processes are the underpinning deepfake creation. In addition, the versatility of deepfakes extends to various applications, from entertainment and artistic expression to more nefarious purposes. Deepfake technology is used in film production, the creation of virtual influencers, and its potential use in political propaganda and misinformation campaigns.

With a wide array of uses, it is still a tool that has not been pinned for either its good or for bad, as with any technology it can be used for good.

Misleading narratives in daily life
However, deepfake technology is causing misleading narratives in daily life. For example, a person in Beijing used artificial intelligence technology to impersonate a friend of the victim via a video call, asking him for a sum of money. The victim transferred about 4.3 million yuan ($614.8 thousand) to the fraudster. Deepfake content has the power to infiltrate daily life through social media, messaging apps, and other communication channels. By impersonating public figures, friends, or family members, deepfakes can be used to spread false information and manipulate interpersonal relationships. Moreover, this technology has psychological and societal impacts which means it can erode trust, induce skepticism, and contribute to a general sense of uncertainty.

The economic consequences of deepfake technology
As well as the proliferation of deepfake technology poses not only threats to individual lives and national security but also carries profound economic consequences. The impact of deepfake content on countries' economies caused specific challenges faced by leading companies, where synthetic media has disrupted financial stability and corporate reputation.
As well as the proliferation of deepfake technology poses not only threats to individual lives and national security but also carries profound economic consequences. The impact of deepfake content on countries' economies caused specific challenges faced by leading companies, where synthetic media has disrupted financial stability and corporate reputation.
One of the vital issues is financial fraud and economic disruption: the economic fallout resulting from deepfake-driven financial fraud. Instances of deepfake technology being used to manipulate financial markets, disseminate false economic indicators, or execute fraudulent transactions. Also, Stock Market Manipulation and Investor Confidence is another issue where the impact of deepfake content on stock markets and investor confidence is scrutinized. The synthetic media could be used to manipulate stock prices, mislead investors, or spread false information about companies, which cause repercussions for the financial stability of nations and the global economy.

Furthermore, deepfake technology has been used to cause Reputational Damage to Corporations where synthetic content might be used to tarnish the reputation of corporations, leading to diminished consumer trust, stock value decline, and long-term brand damage. Another vital issue is Supply Chain Disruptions; it being used to spread false information about the quality or safety of products, resulting in consumer panic and supply chain disruptions. The economic ramifications of such disruptions extend beyond individual companies to impact entire industries. Other critical economic implications are Corporate Espionage and Trade Secrets where deepfake-driven corporate espionage has been deployed to steal trade secrets, compromise proprietary information, and undermine the competitiveness of leading companies on a global scale.

Demand urgent attention
The advent of deepfake technology is raising legal and ethical concerns that demand urgent attention. The complexities surrounding the legal landscape and ethical considerations associated with deepfake content propose strategic measures for governments to effectively navigate this evolving landscape. One of the Legal Challenges is Defining and Prosecuting Deepfake Offenses. The absence of clear legal frameworks creates ambiguity in determining liability for the creation and dissemination of deceptive synthetic content; where existing laws fall short in addressing deepfake-related offenses. Additionally, Deepfake content often involves the unauthorized use of individuals' likenesses, raising profound privacy concerns.
Thus, emphasizing the potential harm to individuals, the economy, and society where deepfakes have been used to manipulate public opinion, contributing to a growing awareness of the ethical implications of synthetic media is essential. Also, Strategic Approaches for Governments can be adopted to tackle the legal challenges and ethical issues presented by deepfake technology. Therefore, Technological Solutions and Government-Technology Industry Collaboration should be gathered to mitigate the impact of deepfakes and to develop tools for deepfake detection, authentication, and prevention.
Moreover, the impact of deepfakes on defamation and libel laws where individuals' and companies’ reputations have been tarnished through manipulated content. It scrutinizes the limitations of existing legal frameworks in addressing the evolving nature of character assassination in the digital age. Furthermore, Intellectual Property and Copyright Challenges are posed by the unauthorized use of copyrighted material in the creation of synthetic content, which highlights the need for adaptive copyright laws that address the nuanced nature of deepfake technology.

Where government and technology meet
Thus, emphasizing the potential harm to individuals, the economy, and society where deepfakes have been used to manipulate public opinion, contributing to a growing awareness of the ethical implications of synthetic media is essential. Also, Strategic Approaches for Governments can be adopted to tackle the legal challenges and ethical issues presented by deepfake technology. Therefore, Technological Solutions and Government-Technology Industry Collaboration should be gathered to mitigate the impact of deepfakes and to develop tools for deepfake detection, authentication, and prevention.

As deepfake technology evolves, the economic impact on countries and leading companies becomes increasingly pronounced. The complex interplay between technological innovation, ethical considerations, and regulatory responses is essential to address the challenges posed by the deceptive power of deepfake technology. Thus, the urgency of recognizing and addressing the multifaceted threats posed by deepfakes, advocating for collaborative efforts between governments, technology developers, and cybersecurity experts to safeguard individuals and nations from the disruptive influence of synthetic media. Hence, strategic and adaptive approaches are imperative. 


Dr. Hamza Alakaleek is a Corporate lawyer and tax consultant with post-graduate degrees in international political economy, international business law, and law and technology with a focus on internet of things, artificial intelligence and data protection.


Disclaimer: 
Views expressed by writers in this section are their own and do not necessarily reflect Jordan News' point of view.



Read more Opinion and Analysis
Jordan News