Tyler Shultz warns that the AI boom is a prime opportunity to deceive others

Oct 31

1. 19:40

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   Tyler Shultz, who exposed the Theranos fraud, warns: the AI boom may spawn the next Theranos

   Tyler Shultz, who helped expose the Theranos fraud scandal, warns that the AI investment boom is creating the conditions for the next Theranos-like scam. He said the true capabilities of AI technology are hard to assess, and people often struggle to tell whether a product actually has unique technology or is merely an application interface layered on top of existing models such as ChatGPT. Shultz said that if one wants to deceive people, this is a great opportunity to do so.

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2. 19:40

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5. 08:24

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   Schultz, Who Exposed the Theranos Fraud, Warns: The AI Boom Could Spawn the Next Theranos

   Tyler Schultz, who helped expose the Theranos fraud scandal, warned that the AI investment boom is creating the conditions for the next Theranos-like scam. He said the true capabilities of AI technology are hard to assess, and people often struggle to tell whether a product actually has unique technology or is merely an application interface layered on top of existing models such as ChatGPT. Schultz also said Holmes was skilled at manipulating others, and believes she was involved in the new blood-testing startup founded by her partner.

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6. 00:03

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   Theranos whistleblower Tyler Shultz warns: the AI boom is "a great opportunity to deceive people"

   Theranos whistleblower Tyler Shultz warns that the AI boom is "a great opportunity to deceive people," because doing due diligence on AI companies is extremely difficult, and it is hard to distinguish genuinely unique new technology from a ChatGPT wrapper. He also criticized Theranos founder Elizabeth Holmes for seeking sympathy through the documentary "You Can See Everything," and has been preparing a diagnostics company called Haemanthus, dubbed "Theranos 2.0," which has reportedly raised about $20 million.

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