It is hard to find a CEO today who does not extol the virtues of artificial intelligence. Whether in press releases, earnings calls or investor presentations, the mere invocation of AI makes a company leader sound as if he is on the cutting edge of leading technology.
Seemingly overnight, AI has become an integral part of almost every industry imaginable. Customer experience and engagement; operations and efficiency; data analysis and decision making; product development and innovation, and specialized industry applications in financial services, manufacturing, retail, telecom, automotive, education and education are just a few areas where AI is firmly embedded.
According to the experts, approximately 78 percent of companies worldwide currently use AI in at least one business function.
AI is the new gold standard of innovation, and no company wants to be left behind. So it stands to reason that almost every corporation feels the need to make an AI declaration or manifesto touting how the technology is transforming their business.
Most of the statements are rooted in real world facts. But some are subtly deceptive, and others are wildly incredulous. It has become clear that not every AI claim has the integrity it should. As the rhetoric ramps up, so too does the incidence of misrepresentation.
Many of the claims are merely aspirational projections of what companies want consumers and the market to believe, whether fully actualized or not.
This is not just a business...
On July 31, 2025, the United States Department of Justice (DOJ) announced a pair of settlements with companies accused of having violated the False Claims Act (FCA) by falsely representing their c...