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Samanth Shetty

Building Nestsure • 1m

šŸ—½ Builder.ai Filed for Bankruptcy After Faking Its AI šŸ“¢ > Builder.ai—once a $1.5B London unicorn—has filed for bankruptcy... after it was revealed their ā€œAI platformā€ was actually humans. Around 700 engineers in India were doing the work while the AI claimed credit. Y'all think isn't it easier to build a AI bot rather than paying for 700 engineers ? But the truth is maintaining the AI bots cost more than 700 unpaid or low paid engineers 🤧 What actually happened with builder.ai ā“ Marketed as a no-code, AI-powered app builder. But in the backend ? Manual coding by teams in India pretending to be bots. By saying customer that there's great traffic wait for few minutes 🤪 Then Regulatory probe started due to people loosing trust, the y'all know the outcome. šŸ‘¾ Fall of builder.ai šŸ“‰ Suddenly declared bankruptcy despite having Microsoft & Qatar sovereign backing. Engineers were kept in the dark and likely unpaid. Raises serious questions about transparency in tech startup marketing. What can founders learn ? šŸ‘€ If your product needs a human to fake AI, you’re selling smoke, not automation. ( They could even build a bot which says some random stuffs if not AI ) AI isn’t just a marketing label — it's a responsibility in many cases. Your comments šŸ‘‡ > 🚨 Is "human-in-disguise-as-AI" fraud worse than a failed product? šŸ‘‰ Should we call for stricter regulation on AI claims? Drop your takešŸ‘‡ Tag a founder or investor who’s betting big on ā€œAIā€ or "AGI 🤣" Maybe for AGI founders will disguise themself as an AGI bot. *This post adhers to all the community guidelines* * Image is AI generated *

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