Sources say ScaleFactor, which raised ~$100M to automate bookkeeping before blaming COVID-19 for its closure, used dozens of human accountants instead of AI (David Jeans/Forbes)
David Jeans / Forbes:
Sources say ScaleFactor, which raised ~$100M to automate bookkeeping before blaming COVID-19 for its closure, used dozens of human accountants instead of AI — Kurt Rathmann told his big-name investors he had developed groundbreaking AI to do the books for small businesses. In reality, humans did most of the work.
via Techmeme
Sources say ScaleFactor, which raised ~$100M to automate bookkeeping before blaming COVID-19 for its closure, used dozens of human accountants instead of AI (David Jeans/Forbes)
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