// definition
AI washing
Misleading claims about the use of AI
Short definition
False or misleading communication about the use or capabilities of artificial intelligence. The SEC has used the term in cases involving investment advisers. Applying it to a company or a restructuring requires examining the specific claims and the available evidence.
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Primary sources
- SEC, misleading claims about AI use, 18 March 2024Use of the term in investment advice. The cited cases concern Delphia and Global Predictions, rather than the Australian restructurings.