Theranos whistleblower Tyler Shultz says AI startups are hard to diligence

Theranos whistleblower Tyler Shultz told the SF Standard that AI is hard to diligence, because a truly novel product is hard to tell apart from a ChatGPT wrapper, a thin interface over a third-party model. Theranos withheld evidence its machines worked from potential investors, citing trade secrets.

In my view, a demo is not evidence of a working system.