CZ: AI can amplify phishing and social engineering risks through data breaches without cracking Bitcoin cryptography Odaily Planet Daily CZ said that the market is generally worried that AI may attack the encryption system, but the Internet and banking system actually rely on weaker encryption technology. CZ also pointed out that AI does not need to truly crack the cryptographic system of Bitcoin to cause damage, and existing data breaches can already be used for larger scale risk scenarios such as phishing and social engineering attacks.