Showing posts with the label market integrity

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Beyond the Hype: Building Trust in an Age of AI Overpromises

Let’s cut to the chase: Artificial intelligence is having a moment . A glamorous , expensive , slightly chaotic moment. Venture capitalists are throwing money at AI startups like it’s confetti at a parade, and every founder from Silicon Valley to Shenzhen suddenly claims their product “runs on AI.”   But here’s the dirty secret no one wants to admit: half of them have no idea what that actually means. The High Stakes of AI Claims: Innovation vs. Illusion. You walk into a car dealership, and every salesperson insists their vehicles are “powered by quantum engines.” You’d raise an eyebrow, right? Yet that’s exactly what’s happening in the world of AI.  The difference? No one’s going to jail for selling you a dud sedan. But they might for lying about AI.   The Allure (and Peril) of the AI Label Artificial intelligence remains the Midas touch of modern business. According to a recent EY report, over a third of venture capital deals in 2024 went to companies wavi...