More than 700 Indians PRETENDED TO BE THE NEURAL NETWORK 'Natasha', earning almost 500 million dollars 😲😲
⚡️ In 2016, two Indian entrepreneurs, inspired by the prospects of AI, founded BuilderAI. Their key idea was a chatbot 'Natasha', which was claimed to be able to create applications based on prompts.
⚡️ The project immediately achieved success: all thanks to 'Natasha', allegedly a revolutionary neural network for no-code development, which was compared to ChatGPT. However, there was one catch — 'Natasha' was not a neural network, but a team of more than 700 people.
When a client sent a request, the process looked like this:
➖ Planners developed the concept of the future application.
➖ Developers manually created the prototype.
➖ The finished product was uploaded to the client's personal account.
⚡️ Almost always, the applications worked with errors, the code was unreadable, functions did not work, but the team managed to fix the bugs — all manually, under the guise of AI.
⚡️ This is how the company operated for eight years, not raising suspicions. During this time, it attracted 445 million dollars from major IT giants. However, in the end, the startup was declared bankrupt and the scheme was fully exposed.