$30,000,000 AI Is Hiding a Scam

•  Negative
•  2021, 2024
• # ai assistant
• # scam
+3

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23:59:59

Overview

This video exposes a potential scam involving an AI assistant called Rabbit R1. The company behind it, Rabbit Inc., was previously known as Cyber Manufacture Co. and had raised millions in venture capital for an NFT project called Gamma. The Gamma project, which promised a metaverse, a comic book, a TV show, and a carbon-negative cryptocurrency, failed to deliver on its promises. Despite this, the founder, Jesse, is now promoting the Rabbit R1 AI assistant, raising concerns about the company's history of overhyping and underdelivering on its products.

• The Rabbit R1 and its Troubling Origins

  • 🐇

    The video investigates the Rabbit R1, an AI assistant that has been met with skepticism and criticism for its lackluster performance. [00:00][01:03][01:59]

  • 🤨

    The company behind Rabbit R1, Rabbit Inc., was previously known as Cyber Manufacture Co. and had raised millions in venture capital for an NFT project called Gamma. [02:17][02:56]

  • 💰

    The Gamma project, launched in 2021 during the NFT craze, promised a metaverse, a comic book, a TV show, and a carbon-negative cryptocurrency. [02:59][10:39][14:59]

  • 🤥

    Despite raising millions in funding, the Gamma project failed to deliver on its promises, leaving investors questioning the whereabouts of their money. [04:12][07:01][08:29]

• Unfulfilled Promises and Contradictions

  • 🗣️

    Jesse, the founder of both Gamma and Rabbit, initially promoted Gamma as a long-term project with groundbreaking ideas, distancing it from being a quick cash grab. [05:20][06:04]

  • ❓

    However, Jesse's claims about Gamma being a "fun little project" and denying the promise of a carbon-negative coin contradict his earlier statements and promotional materials. [03:43][06:40][14:40]

  • ❌

    Evidence from Clubhouse recordings, Discord posts, and a promotional video directly contradicts Jesse's claims, showing him promising a carbon-negative cryptocurrency powered by a clean energy grid. [08:50][14:51][15:42]

  • 🕵️

    The investigation reveals inconsistencies in the company's narrative, with attempts to distance Gamma from Rabbit despite being the same company and using misleading fact sheets. [16:02]

• A Pattern of Deception and Lack of Accountability

  • 😥

    The video highlights the plight of Gamma investors who were left with unfulfilled promises and no refunds, raising concerns about the company's ethical practices. [13:04][16:32]

  • ⛔

    Despite acknowledging the possibility of refunding Gamma investors in previous statements, Jesse and the Rabbit team now refuse to take responsibility or offer compensation. [13:52]

  • ⚠️

    The video concludes by questioning the legitimacy of Rabbit R1, given the company's history of overpromising, underdelivering, and potentially misleading investors. [16:26]

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Key moments

1. 00:00

   Introduction to Rabbit R1

   00:00

   Introduction to Rabbit R1, a tech product with questionable promises and a scam background.

2. 02:12

   History of Rabbit Incorporated

   02:12

   Rabbit Incorporated's history under a different name, Cyber Manufacturer Co, and its involvement in crypto projects.

3. 06:32

   Promises and Deception

   06:32

   Exposing the founder's misleading promises about a carbon-negative cryptocurrency and clean energy initiatives.

4. 12:33

   Accountability and Refunds

   12:33

   Discussion on the lack of accountability, denial of promises, and refusal to refund investors, raising concerns about the team's transparency.