this post was submitted on 24 May 2024
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Is the LAM a Scam? Down the rabbit hole we go

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[–] darkghosthunter@lemmy.ml 8 points 5 months ago (2 children)

I don’t think it’s a scam or a fraud (legally), but it’s really an undercooked assistant that is $170 too much.

I think that CZ has something, but eventually we will have to wait and let it cook, to check how the company (and maybe the device) are entangled with cryptos.

[–] aleph@lemm.ee 13 points 5 months ago* (last edited 5 months ago)

In the video, the CEO specifically claims that the device contains a proprietary AI that can do all sorts of things, when in fact it appears to be ChatGPT with a bunch of hard-coded scripts slapped on top. If that's indeed the case, then it would be an obvious scam and most likely fraud.

[–] jarfil@beehaw.org 8 points 5 months ago (1 children)

Cryptos?

From the video, it would seem like the "LAM" they advertised as the reason to spend $170, does not work at all as advertised, making it a case of false advertising at the very least.

Not all scams need cryptos, some are just a rock that keeps tigers away (*not to be used in areas with tiger populations).

[–] noodlejetski@lemm.ee 6 points 5 months ago* (last edited 5 months ago)

thus particular company is apparently also being accused of being involved in an NFT scam before they rebranded to Rabbit.