{"id":294459,"date":"2024-08-12T10:13:42","date_gmt":"2024-08-12T10:13:42","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=294459"},"modified":"2024-08-12T10:13:42","modified_gmt":"2024-08-12T10:13:42","slug":"the-rise-and-fall-of-ai-washing","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/the-rise-and-fall-of-ai-washing","title":{"rendered":"The Rise \u2014 and Fall \u2014 of AI Washing"},"content":{"rendered":"
From serious reputation damages to legal problems for making false and misleading statements and even criminal charges of securities fraud and wire fraud; those taking up AI washing<\/a> are facing dire consequences.<\/p>\n AI washing, the practice of misleading the public by making inaccurate and misleading statements about a company’s use of artificial intelligence<\/a> in an effort to boost its brand value due to the popularity of the new technology, is more than unethical.<\/p>\n As Techopedia recently reported, the Securities and Exchange Commission<\/a> (SEC) has declared war against AI washing. It is coming down hard on companies to make their message clear: ‘Tone down the AI hype or face the SEC’s wrath<\/a>‘.<\/p>\n We speak to a panel of experts to figure out if AI washing is on it’s way out, or if companies are still going to sneak AI onto billboards at all costs.<\/p>\nKey Takeaways<\/span><\/h2>\n
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