Yes, but being about the same means ChatGPT could be used to create massive amounts or personalized phishing emails at a low cost in a very short time by automation. Basically doing what they do now, but even faster.
I wonder how that would work. The last one I did some checking into had a bitcoin address and it (I really don't understand Bitcoin well) looked like the person moved the fake money from account to account over and over again.
And crafting a carefully targeted phishing email took a human team around 16 hours, they wrote, while ChatGPT took just minutes
This is significant because any person with the desire to scam can use ChatGPT from the comfort of their own home over lunch instead of hiring professionals for a few days.
No, it's significant because attackers can pump out way more emails while also making them customized to their targets and constantly changing to help avoid detectors.