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Former CEO of Nate, Inc. Charged In Artificial Intelligence Investment Fraud Scheme
Well, this is alarming:
Acting U.S. Attorney Matthew Podolsky said: As alleged, Albert Saniger misled investors by exploiting the promise and allure of AI technology to build a false narrative about innovation that never existed. This type of deception not only victimizes innocent investors, it diverts capital from legitimate startups, makes investors skeptical of real breakthroughs, and ultimately impedes the progress of AI development. This Office and our partners at the FBI will continue to pursue those who seek to harm investors by touting false innovation.
If you're going to claim that you have agents that can do the shopping autonomously, turns out they shouldn't be powered by humans in the Philippines.
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