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@rosschie@lemm.ee to Technology@lemmy.worldEnglish •
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16 days ago

Fake It Till You Make It? Builder.ai’s $1.5B AI Scam Exposed

www.ibtimes.co.uk

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  • cross-posted to:
  • news@lemmy.world
  • hackernews@lemmy.bestiver.se
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Fake It Till You Make It? Builder.ai’s $1.5B AI Scam Exposed

www.ibtimes.co.uk

@rosschie@lemm.ee to Technology@lemmy.worldEnglish •
edit-2
16 days ago
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13
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  • cross-posted to:
  • news@lemmy.world
  • hackernews@lemmy.bestiver.se
Builder.ai Collapses: $1.5bn 'AI' Startup Exposed as 'Actually Indians' Pretending to Be Bots
www.ibtimes.co.uk
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Builder.ai, once a $1.5 billion 'AI' startup backed by Microsoft and QIA, is filing for bankruptcy. A lender seized $37M, crippling operations.
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  • @duckCityComplex@lemmy.world
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    36•16 days ago

    Reminds me of the Amazon Fresh “just walk out” grocery shopping experience where the store is packed with cameras monitored by “advanced ai” that would tally up the total of the items in your cart.

    It would take a few hours for them to email a receipt to let you know what you’d spent and the advanced ai turned out to be low-wage workers in India watching the video feeds.

    • Ulrich
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      6•16 days ago

      I mean I’ve never used one of those but I also wouldn’t care how it got done if I did. Just that I didn’t have to spend my time waiting in line to check out. Actually prefer them to pay money to real people rather than invent some fancy technology.

      • @duckCityComplex@lemmy.world
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        2•16 days ago

        That’s true, I don’t mind people being paid at all. I’d rather that than some dodgy AI.

        I still found it funny that Amazon was implying this was some kind of technology marvel when it really just boiled down to webcams.

        • Ulrich
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          1•16 days ago

          Oh it is funny haha

  • Zier
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    23•16 days ago

    The top scams on Earth right now:

    1. Conservatism (AKA hypocrites)
    2. AI
    3. Crypto
    4. Religion
    • @wondrous_strange@lemmy.world
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      2•14 days ago

      Religion and fiat are always at the top

      • Zier
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        1•14 days ago

        I think depending on the hour of the day and the phase of the Moon, they rotate to take turns.

  • @WanderingThoughts@europe.pub
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    13•16 days ago

    And the places that do code with generative AI all have quality issues. Their management blames it on the remaining developers not checking and rewriting the AI code enough.

  • @robolemmy@lemmy.world
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    11•16 days ago

    No link, just an image.

    • @CatsGoMOW@lemmy.world
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      16•16 days ago

      Fake it till you make it!

      • @rosschie@lemm.eeOP
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        3•16 days ago

        https://www.ibtimes.co.uk/builderai-collapses-15bn-ai-startup-exposed-actually-indians-pretending-bots-1734784

    • @rosschie@lemm.eeOP
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      3•16 days ago

      sorry here’s the link https://www.ibtimes.co.uk/builderai-collapses-15bn-ai-startup-exposed-actually-indians-pretending-bots-1734784

  • @A_norny_mousse@feddit.org
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    3•16 days ago

    The scandal serves as a stark reminder that whilst artificial intelligence continues advancing rapidly, human expertise remains irreplaceable in many complex technical domains—a lesson that Builder.ai learned through public humiliation rather than honest business practices.

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