Part 1/9:
The Reality of AI Boom and the Rise of "AI Washing"
The artificial intelligence (AI) industry is experiencing an unprecedented boom. With over 67,000 AI companies in existence, the landscape is more saturated than ever. Between April and June 2024 alone, U.S. startups attracted a staggering $56 billion in investments, with more than half directed specifically toward AI ventures. This surge underscores the high stakes and immense interest driving the AI arms race, as entrepreneurs and firms scramble to capitalize on an industry projected to reach nearly $2 trillion by 2030, representing a 13-fold growth within a decade.