> The ultimate loser there is the truth, sadly.

No, it will force the development of AI to detect whether things are fake or not.

We'll soon be in an arms race as better-and-better AIs alternately try to fool or not be fooled.

The people who are able to understand and wield these technologies will have incredible amounts of power over those who are not.

This is one route to the singularity - to deal with the consequences of ML and AI advancements, you need to invest even more. This ever-increasing arms race sucks vast amounts of human and financial capital into the 'tech sphere'.