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Fintech founder booked for fraud in US as 'AI' shopping app relied on humans in PH

Fintech founder booked for fraud in US as 'AI' shopping app relied on humans in PH

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo

A fintech app founder was indicted in the US after investors discovered that instead of using sophisticated artificial intelligence (AI), his company relied heavily on human workers in the Philippines.

Edited by: Pramod Mathew

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