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
Most honest AI company.
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
Microsoft gets shafted
lol. lmao even.
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.
Reject tech, return to mechanical Turk
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.
The planet is healing.
Can’t wait for the investigative podcast that explains how fucked up this place was
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 😀
Somebody might actually get in trouble here for pissing off rich people. Regardless, the common investor will just get hosed.
That’s just the reality of half of these companies. Inflated revenue reports, no actual work done, and at best they are just a shit chatGPT wrapper
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