McLelland's Lies And The State Of Collide AI

Just last week Collin McLelland, CEO of Digital Wildcatters, said that “collide AI for the enterprise is driving our financing.”

This is a really important statement. Let’s break it down.

DW has had a plephora of failed products: conferences that are no longer produced; a social media app with no users; podcasts no one listens to and more.

But as McLelland also said recently, if the company doesn’t raise money in the next 18 months, it’s gone, and with it more than $7mm McLelland has already set on fire.

So what is an inept “CEO” to do when he needs to raise money but can’t con for the same products.

He mutters the bullshit phrase “AI for the enterprise” and tries to make wallets part again. Because without “AI,” McLelland will not be able to raise any more money.

But of course the oilfield is sceptical. First, because it’s never a first adopter. The oilfield likes tried and true solutions. Second, it knows that AI just isn’t ready for prime time and certainly not from an unknown vendor without any AI capabilities or resources. And third, because DW and collide are known as failures. They’ve failed with every other product they offered and they are not AI experts.

So what’s going on?

Well, we hate to say it, but it’s another scam that McLelland is running. Because DW / collide haven’t hired any AI researchers. They don’t have any proprietary tech. Heck, they don’t even have proprietary data to teach on as McLelland has said below. He also admitted to scraping some data online, which is just a copyright violation rolled into IP infringement all in one.

Collide AI, which McLelland has himself has a very poor free version, supposedly has an enterprise offering but the free version of chatgpt answered their sample questions just as well as collide does so that makes us believe it’s just a wrapper. A wrapper is a company interface on a publicly available LLM.

That’s all there is. McLelland is taking tech available to everyone, often for free and without augmenting it with anything useful or valuable, is trying to resell that to producers and services companies.

collide AI will fail just as the conferences did and the podcasts did and the social media platform did and this time, let’s make sure McLelland doesn’t run off with all the money. God knows he won’t spend it on building anything.