Americans increasingly fear AI, with 43% believing it could end the human race and 47% asserting it will negatively affect society. This growing pessimism has led to the creation of new slang terms related to AI, including "AI washing." AI washing refers to misleading marketing practices where companies exaggerate the AI's role in their offerings. The SEC has publicly warned against this practice, especially in technology and finance sectors, highlighting potential violations of securities laws.
"This deceptive marketing practice gets its name from 'green washing,' where a company falsely or misleadingly touts its environmentally friendly policies."
"Companies in industries that are more prone to doing this are those in the technology and finance sectors, which is why the Securities and Exchange Commission (SEC) has publicly warned against the practice."
"AI washing, whether it's by financial intermediaries such as investment advisers and broker dealers, or by companies raising money from the public, that AI washing may violate the securities laws."
"A growing number of average Americans are forming a different opinion regarding AI, with 43% fearing it will end the human race."
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