Theranos whistleblower Tyler Shultz warns AI boom offers chance to deceive investors
AITyler Shultz, a Theranos whistleblower, says the AI boom is "a great opportunity to go deceive people" because hard-to-verify AI startups are difficult to assess through due diligence. He warns that companies that have never turned a profit are raising capital at trillion-dollar valuations, echoing Theranos's rise to a roughly $10 billion valuation despite its technology never working.
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TechCrunch · AI · Amanda Silberling · techcrunch.comPublished
Original title: Theranos whistleblower Tyler Shultz warns that the AI boom is ‘a great opportunity to go deceive people’