AI company files for bankruptcy after being exposed as 700 Indian engineers

www.dexerto.com

AI company files for bankruptcy after being exposed as 700 Indian engineers - Dexerto

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Documents reviewed by Bloomberg showed that Builder also worked with VerSe, an India-based social media startup, to falsely increase its sales numbers, regularly billing each other for similar amounts between 2021 – 2024. Sources close to the situation told Bloomberg that services weren’t actually rendered from either company for these payments
They literally did the two economists on island raising their GDP bit
- They literally did the two economists on island raising their GDP bit
  I need more details on this.
  
  Two economists survive a shipwreck and are stranded on a desert island. They're barely surviving on captured seagulls. One day they come across a big pile of seagull shit.
  "I bet you $50 you won't eat that" says the first economist.
  "No? You'll see" says the second, who scrapes up the pile of shit and promptly eats it, winning the bet.
  A bit later they find another pile.
  "Now I bet you $50 you can't manage to eat that shit!"
  "Watch and learn!" says the first economist, who scrapes up the shit and eats it.
  "Now that I think on it, we're now exactly the same we were at the beginning, only we've eaten shit."
  "What? Not at all. We've increased the GDP of the island by $100!"
Microsoft reportedly backed the ‘neural network’ with a $455 million investment, leading to a valuation of $1.5 billion… but it turns out all that cash was going toward a workforce of over 700 Indian engineers, rather than an AI.
I doubt it went to them, but also: how DARE they!!
apparently they kept up the charade for 8 years, somehow?
- Critical support to Indian capitalists for defrauding Microsoft
  
  Downright cynical support to indian capitalists for etc
- I have a solution. I'm going to build AI that takes payment directly to fund and build on itself so you don't have to pay pesky engineers.
Another case of A.I. (Actually India)
- 1st thing that came to my mind
Mechanical Turk moment
LLMAO
No idea if anyone else remembers this but before search engines where good and everyone had a smartphone with reliabile internet on it there where services where you could text a number and a human on the other end would research the answer briefly and text you back.
We're basically just back to that point. Search engines suck so ask the robot (but it's actually just a guy)
- ChaCha/KGB probably made some great training datasets for the first generation of LLMs.
I'm more okay with it being 700 Indian engineers than whatever chatGPT and grok are.
How did they all fit in the robot
- Get in the robot Sanjay
- They climbed in its ass
Iconograph
An iconograph is a wonderful device that allows you to make "instantaneous paintings". In fact, an imp with brushes, pencils and a good eye for colours is put in a box, and when you push the button, you open a little window on the box and the imp draws really fast what it sees through the opening. Salamanders are used when more light is necessary for the imp to paint a good picture. All but the cheapest of today's iconographs can paint in colour.
Discworld
The opposite of Dead Internet Theory, Alive Machine Learning Model Theory?
It's always the companies you most suspect.
This is my suspicion for all AI lol
Pivot to AI and die

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