They just want to displace pinterest's SEO from their image search results. This could actually be useful for them
this is someone's project to get noticed for being innovative and moved on to somewhere else with more money and then this gets staffed with people not on the fast track who will try their best to get out of it and finally it will close down and if anyone has been suckered into using it they will write an article about how Google closed it down and then HN will repeat the ever expanding list of things Google has closed down. Something may have just made me cynical about Google products though.