Failed startups are reportedly selling old Slack messages, emails, and other internal records to AI companies as training data. CEO of now-defunct software company Cielo24 said she was able to sell every Slack message, internal email, and Jira ticket for "hundreds of thousands of dollars" SimpleClosure launched a new tool that allows companies to sell their wealth of internal communications to AI labs.
Some failed startups are reportedly selling old Slack messages, emails, and other internal records to AI companies as training data, creating a new way to cash out after shutting down. Fast Company reports: Shanna Johnson, the CEO of now-defunct software company Cielo24, told the publication that she was able to sell every Slack message, internal email, and Jira ticket as training data for "hundreds of thousands of dollars."
This isn't a one-off scenario. SimpleClosure, a startup that helps companies like Cielo24 shut down, told Forbes that there's been major interest from AI companies trying to get their hands on workplace data. Because of this, SimpleClosure launched a new tool that allows companies to sell their wealth of internal communications -- from Slack archives to email chains -- to AI labs. The company said it's processed 100 such deals in the past year. Payouts ranged from $10,000 to $100,000. "I think the privacy issues here are quite substantial," Marc Rotenberg, founder of the Center for AI and Digital Policy, told Forbes. "Employee privacy remains a key concern, particularly because people have become so dependent on these new internal messaging tools like Slack. ... It's not generic data. It's identifiable people."
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