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by jandrese 148 days ago
What's the crime? If lying about AI capabilities is a crime we have some billionaires in big trouble.
2 comments

If it's a publicly traded company, everything is securities fraud.
Which hardly anybody ever gets prosecuted for.
Criminally, no. In a class action? every day.
It's common for companies to claim AI:

Example: Tesla Cybercab with safety drivers, or Starship Technologies "autonomous" robots, which are remote controlled delivery robots.

Tech companies are also the most sued for securities fraud.

And in fact, Tesla was sued for securities violations by shareholders over the cybercab.

https://kehoelawfirm.com/wp-content/uploads/2025/08/Tesla-Cl...

Starship Technologies is a private company.

AI is not unique in this regard. We just saw the same thing with the crypto/blockchain nonsense.

Regulation lags so far behind that you can get away with bad behavior long enough that, by the time regulation catches up, you can buy your way out of consequences.