Theranos whistleblower Tyler Shultz warns that the AI boom is ‘a great opportunity to go deceive people’
The cautionary Theranos tale takes on a new significance in the AI era, when companies that have never turned a profit are raising capital at trillion-dollar valuations.
Theranos whistleblower Tyler Shultz warns that the AI boom presents a "great opportunity to go deceive people," according to his recent interview with The San Francisco Standard. The documentary "You Can See Everything," which chronicles the final days of disgraced Theranos founder Elizabeth Holmes, has become a national conversation piece as it ranks among the highest-grossing documentaries ever made.
Shultz, who exposed Theranos' inaccurate blood-testing devices, believes that the AI era could lead to investors disregarding the importance of due diligence. Theranos, once valued at around $10 billion, ultimately failed due to its faulty technology and reliance on third-party equipment. Shultz argues that investors should be more cautious when allocating significant funds to individuals, emphasizing that Holmes raised the largest angel round of funding ever at $100 million.
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