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The Nexus
TECHNOLOGYAug 1 · 11:30 UTCFORTUNEKeith Krach

America bet everything on trust 250 years ago. That bet is being tested again

A finance employee at Arup lost $25.6 million via deepfake fraud, Starbucks retired an AI inventory system after operational issues, and Deloitte’s Australian firm partially refunded a government payment for an AI-generated report with fabricated content. The article argues trust is becoming critical economic infrastructure, with AI now testing America’s historical bet on self-governed trust.

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