I just quit my 270 000$ job at Coinbase to join the first YCombinator fall batch with my cofounder @not_nang. We’re building PearAI, an open source AI code editor.
Of course it is a cryptobro…
dawgt i chatgpt’d the license, anyone is free to use our app for free for whatever they want. if there’s a problem with the license just lmk i’ll change it. we busy building rn can’t be bothered with legal
Yep, already hate that guy. Talks and behaves like an absolute dipshit.
Road to success (2024 AI Hype Edition):
- Clone VSCode.
- Rename it as LSCode, squash all history, and create some random commits with
--author="Linus Torvalds <torvalds@linux-foundation.org>". - Add a character AI that calls your code garbage.
- Profit.
For the second step there is git blame-someone-else
The funniest thing here is that they changed the license after the fork. The license was a custom one they wrote using ChatGPT.
Scriptkiddies doing the bare-minimum to profit over other’s hard-work. They’re not going to survive, because they don’t know shit about the internal workings of their product, they won’t be able to scale it quickly, and sooner or later, they’ll run out of money, if it’s not the poor publicity killing their product.
But they made half a million.
And there are literally hundreds of similar companies raking in billions in investments that magically vanish while the founders live a luxury live and move on.
The real question is: why do VCs shit so much money into obvious frauds? Are they this stupid or do they just hope to pass it on to the greater fool?
I simply can’t wrap my head around the thought process behind launching a clusterfuck like this. Y Combinator probably didn’t do their due diligence and simply rode the fading AI Bubble, so I can at least understand how the funding might have been approved.
But actively leaving your $250,000+/year job to team up with some questionable choices to basically fork two OS projects, change the discord links and generate an illegal licence for that shit show, all while proudly stating, publicly, “dawg i chatgpt’d the license, anyone is free to use our app for free for whatever they want. if there’s a problem with the license just lmk i’ll change it. we busy building rn can’t be bothered with legal” when they are made aware of the fact.
This is absolutely insane, sounds like someone was about to get fired and decided to use some personal relations and fresh graduates to somehow successfully cash in one last time with absolutely no regard of even the basics. Pretty wild that those guys even managed to figure out how to found a Startup. Probably asked ChatGPT for instructions there, as well.
Y Combinator probably didn’t do their due diligence
It’s not the first time. They also backed an obvious scam MMO that promised the world and more, while it was nothing more than an asset flip.
So all it takes to get that sweet, sweet VC mula is a Vscode + extension fork with some hipster branding on top? Really???
Aren’t these guys supposed to be tech geniuses or some shit?
Billions of dollars and they don’t have a single actually knowledgeable intern who could glance at this project and say “yeah, no, I could do this too?”
Or are they’re just ignoring them because AI is a glowing hot buzzword right now?This is baffling. The entire tech sector praises VCs like they’re god’s gift to earth, meanwhile they’re out here backing stupid shit like this, how can anyone take these people seriously?
I genuinely just don’t understand what’s going on in the tech sector anymore
VC funding is basically gambling, trying to find the next billion dollar company. So they throw money at anything that has any semblance of traction to get in early and cash out when the time comes.
AI is a scam, the next one after NFT, crypto…
Slight correction. AI is not a scam.
While AI is a powerful tool, it enables people to do scams very easily.
Maybe.
There have been a number of technologies that provided similar capabilities, at least initially.
When photography, audio recording, and video recording were first invented, people didn’t understand them well. That made it really easy to create believable fakes.
No modern viewer would be fooled by the Cottingley Fairies.
The sound effects in old radio shows and movies wouldn’t fool modern audiences either.
Video effects that stunned audiences at the time just look old fashioned now.I expect that, over time, people will learn to recognize the low-effort scams. Eventually we’ll reach an equilibrium where most people won’t fall for them and there will still be skilled scammers who will target gullible people and get away with it.
