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Topic

AI Washing in Corporate Narratives

Practice of overstating or mislabeling a company's use of AI, in products, financials, or layoffs, to win investor and market credit.

Current stories

investConfirmed3 publishers

The $24M "AI mining" Ponzi: the wrapper was new, the payment schedule was not

Brent Kovar's Profit Connect ran on a supercomputer that did not exist and on guaranteed returns paid out of new deposits. Measured illicit crypto flows suggest the type is not rare.

Perspective Coverage

3 publishers
Builder
Builder 12%
Operator
Operator 35%
Investor
Investor 53%

Reality

Evidence86
Adoption42
Hype gap+18
Incentives58
Confidence80