The AI Illusion: Tech CEO’s ‘Revolutionary’ App Exposed as Human Labor Front

A tech founder faces fraud charges after his ‘AI-powered’ shopping app was revealed to be operated by overseas workers, not artificial intelligence.

You know that old joke about the AI that was really just a bunch of folks in the Philippines and Romania? Well, buckle up—because it’s not a punchline, it’s the real deal with Nate. This ‘cutting-edge’ financial tech platform? More like a high-tech puppet show, with Albert Sangier allegedly pulling the strings. The DOJ’s got him in their sights, accusing him of duping investors out of a cool $40 million with promises of AI wizardry. Spoiler alert: the ‘AI’ was just people. Actual humans. Typing away. (Remember the Mechanical Turk? Yeah, it’s like that, but with more zeros at the end.) It’s a tale as old as time: overpromise, underdeliver, and slap a trendy label on it. Silicon Valley’s got a new cautionary tale, and it rhymes with ‘hustle’.