<ul><li>Builder.ai, a startup marketed as an AI-powered app development platform, raised $450 million but was revealed to be powered by human developers, not AI.</li><li>This case of AI washing exposes a systemic issue of misrepresenting AI capabilities, from inflated financials to deceptive branding, across industries.</li><li>Investor excitement in AI's promise for automated efficiency and scalability highlights the gravity of the situation when reality falls short of expectations.</li><li>The collapse of Builder.ai raises critical questions about accountability and transparency in the tech industry's AI hype, emphasizing the need for genuine innovation over mere illusions.</li></ul>

The $450 Million Mirage: How AI Hype Fueled Builder.ai’s Collapse

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