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This is some solid and deep down-the-rabbit-hole (so to speak) reporting. Turns out the company making the Rabbit R1 (which has gotten awful reviews everywhere) pivoted from a failed NFT1 and shitcoin project (which they essentially rugged), and have been covering that up.

Footnotes

  1. Pretty sure that's redundant.
10 sats \ 1 reply \ @Cje95 7 May
All be damned... Makes a lot of sense that they would try and hop on the next fad ASAP. I thought the idea behind the R1 was interesting but even with what they said it could do it seemed half-baked. Then when the reviews came out it reminded me of that huge ass button thing that was released earlier this year as an AI assistant
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The silicon valley(Not the show) term is... pivot. They pivoted.
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Lol I don't know why the rabbit needs its own device, how is that not just a smartphone app?It makes sense that it comes from the mind of an NFT crapto grifter, but man who funds these people?
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People will too much money and not enough diligence.
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The question is. Is Rabbit R1 peak AI hype or do we have a way to go?
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Sadly, almost certainly the latter.
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Yeah, I think you're right.
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