Tech founder charged with fraud for 'AI' that was secretly overseas contract workers

In a tech twist straight out of a sci-fi cautionary tale, Albert Sangier, founder of shopping app Nate, has been indicted for duping investors with fake claims of AI. From 2018, Sangier raised over 40 million dollars, promising a universal AI checkout—but behind the code curtain were human workers in the Philippines and Romania completing up to 100 percent of transactions. Now here’s the packaging industry angle—this scandal could trigger investor skepticism in AI automation claims across all sectors, including smart packaging logistics. So, if your packaging line boasts AI, make sure it’s real, or risk losing both trust and funding.https://www.engadget.com/ai/tech-founder-charged-with-fraud-for-ai-that-was-secretly-overseas-contract-workers-225910022.html

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