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.