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AI has cropped up in the business sphere unlike anything else I've seen. Right now, there are currently approximately 70,000 AI companies worldwide; 1 in 4 are based in the US; and there are over 115 million companies now currently using AI. And 2 in 5 (42%) companies are exploring the use of AI. On the user side, there are more than 250 million users of AI tools around the world in 2023 (twice the quantity tracked in 2020). → The danger in this mad rush to build AI tools? Rushing out to market before you have a product... And accidentally making FRAUDULENT marketing claims. 👎🏻 This year, the SEC and the FTC are cracking down on these false claims... and just recently made an example of two companies that were slapped with $400,000 in fines. Watch to understand what "AI washing" is, and how to avoid, if you're working in AI. Follow me: / juliaemccoy / juliaemccoy