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Founder Admits His "AI Transcription" Startup Was Just Him Joining People's Meetings and Taking Notes by Hand (futurism.com)

submitted 1 day ago by sundray@lemmus.org to c/nottheonion@lemmy.world

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[–] Mk23simp@lemmy.blahaj.zone 8 points 1 day ago* (last edited 1 day ago)

I don't think that's anywhere close to what was happening here, though.

There already are transcription services (which are now being branded as AI but are using tech that has existed for 15 years at least). So, surely this startup's claim is that they're going to make a more advanced transcription service using new AI algorithms. And as a "proof of concept" they secretly use a human to perform better transcriptions than any existing algorithm does. So in reality it proves jack shit.

Their interface is just a rehash of existing services, the only thing new they could bring to the table is an actually better algorithm, which they don't have, so they just faked it. Meaning they have nothing of value at all.