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If they were successful in developing the tech behind the scenes while they were faking it, no one would be saying that. They'd say how brilliant Holmes is, how
by jmcgough 7y ago
If they were successful in developing the tech behind the scenes while they were faking it, no one would be saying that. They'd say how brilliant Holmes is, how driven and business-savvy she was to use a stop-gap solution. I've seen many startups lie about their tech, like AI recruiting companies that have little-to-no AI for their first few years.
- koreth1 7y agoThe fact that other companies lie about their tech doesn't mean it isn't fraud, it just means other companies are also making fraudulent claims. A non-Theranos example might make it clear why I'm not nuts about the "if they'd succeeded, we'd be singing a different tune" argument: If alchemists had been successful in turning lead into gold, nobody would be calling them frauds now.
- andreareina 7y agoA big difference is that IIRC it's simply not possible to get statistically rigorous results on that many tests with that little blood.