Scale AI: How Alexandr Wang Turned an Army of Clickworkers into a $7.3B Unicorn

Scale AI has long struck me as one of the worst examples of the excesses of the recent startup boom:

- An extraordinary amount of hype and handwaving over what is essentially a business process outsourcing operation

- Exploitation of gig economy workers in developing economies

- Significant data privacy concerns (this article describes how Scale AI data annotation workers openly shared amongst themselves private photos of Roomba customers taken without user consent: https://www.technologyreview.com/2022/12/19/1065306/roomba-i...)

- A horrible work culture that has seen Scale AI's founder imploring employees to work very hard and then unceremoniously laying off 20% of its workforce (https://techcrunch.com/2023/01/10/scale-ai-cuts-20-of-its-wo...)

- Founders being allowed to take large sums of money off the table before a business has successfully exited or achieved any profit

Isn't this company's business model completely shattered by ChatGPT?