$1.5 Billion AI Company That Reportedly Used No Actual AI Goes Belly Up
Technology
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Aufrufe
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Isnt it "actually Indians"?
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Years ago there was a voice to text transcription service sold as automated that worked by people listening to your voicemails and typing them out.
That still exists, they run TV ads all the time. The ads even have print that says that someone listens to the callers and types out what they say.
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AI company
Uses no AI
Honestly, the smartest thing they could do
Bilks investors for $1.5B and then just walks off with the money
Incredible. Who did they bilk?
Microsoft
Lolz.
Don't forget softbank if there's money to piss away they are always first in live
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not only created a fake AI company that was ‘all humans, no intelligence,'” he also “dared to falsely report 300% revenue to investors.”
Name: builder.ai
AI is a fucking buzzword
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Funny. I'm thinking some people made a lot of money.
On the other hand, I think Lemmy folks would be pleased, that an ai company didn't harm the environment
I don't know how Lemmy users would react if Helion Energy achieves its goal before 2028.
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AI is a fucking buzzword
It's really good at something. The MBAs just haven't figured it out yet.
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Reject tech, return to mechanical Turk
I expected the Turk mentioned earlier here, thanks
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I expected the Turk mentioned earlier here, thanks
I too felt the compulsion
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AI company
Uses no AI
Honestly, the smartest thing they could do
Bilks investors for $1.5B and then just walks off with the money
Incredible. Who did they bilk?
Microsoft
Lolz.
Microsoft gets shafted
lol. lmao even.
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Don't forget softbank if there's money to piss away they are always first in live
But but Masayoshi Softbank was put on this earth to bring about AI Singularity!
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A billion dollars is a worthless amount of money, apparently. Do investors have no loved ones?
1.5 billion is enough to give everyone in my country about a grand. Won't change most people's lives, but I bet it would help thousands of people out of a debt cycle and a lot of people could pull the trigger on some appliance or maybe a car repair that they've been putting off. Estonia isn't poor, but it's far from rich, even after all those startups.
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Isnt it "actually Indians"?
Altogether Infosys
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Years ago there was a voice to text transcription service sold as automated that worked by people listening to your voicemails and typing them out.
We had 100+ classifying text by hand for a customer on India. The costumer thought it was Deep Learning back then.
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Years ago there was a voice to text transcription service sold as automated that worked by people listening to your voicemails and typing them out.
Also see the "autonomous taxi" services that, when encountering anything outside the limited scope their programming can handle, are remotely operated by human drivers.
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not only created a fake AI company that was ‘all humans, no intelligence,'” he also “dared to falsely report 300% revenue to investors.”
Name: builder.ai
Archive Link or alternative source? This crappy site refuses to load due to my AdBlock
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AI is a fucking buzzword
The good thing is there are some nice Als out there, I suggest go talking to one even the weird polka one
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A billion dollars is a worthless amount of money, apparently. Do investors have no loved ones?
You don't get to investor levels of money with empathy.
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It's really good at something. The MBAs just haven't figured it out yet.
Like anything with hype, it can funnel money
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AI company
Uses no AI
Honestly, the smartest thing they could do
Bilks investors for $1.5B and then just walks off with the money
Incredible. Who did they bilk?
Microsoft
Lolz.
AI -> Actually Indians
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Archive Link or alternative source? This crappy site refuses to load due to my AdBlock
$1.5 Billion AI Company That Reportedly Used No Actual AI Goes Belly Up
Builder.ai, one of the United Kingdom’s most hyped AI startups, is now broke and accused of being a complete fraud.
BroBible (web.archive.org)
