The U.S. Securities and Exchange Commission warned towards corporations making daring, unfounded claims about their technological capabilities this previous December. And it wasn’t lengthy earlier than it began imposing its cautionary message.
On March 18, the company issued two prices towards funding advisers Delphia (USA) Inc. and World Predictions Inc. for making inaccurate statements about their purported use of AI. The 2 circumstances are the company’s first enforcement actions concentrating on AI washing and trace at extra exercise forward from not simply the SEC, but additionally different state and federal companies monitoring companies’ use of the expertise.
