We're looking at the evolving landscape of AI and its real-world implications. While AI offers exciting possibilities, such as museum exhibits that engage visitors in conversations with extinct animals using generative AI, it also presents new challenges. Scammers are increasingly using AI in “pig butchering” schemes, employing AI-generated scripts in multiple languages and deepfakes to trick victims. These sophisticated tactics are making it harder to distinguish real job offers from fraudulent ones. Furthermore, AI’s potential impact on financial stability is raising concerns, with the Reserve Bank of India's Governor warning of concentration risks and the difficulty of auditing AI-driven decisions. Even Gmail users are being targeted by new scams that use AI to mimic Google representatives, attempting to gain access to personal data through fake account recovery requests. These alarming trends highlight the urgent need for robust safeguards and ethical considerations as AI technology advances.