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Humane AI Pin is a disaster: Founders already want to sell the company (arstechnica.com)

submitted 5 months ago by gedaliyah to c/technology

85 comments fedilink hide all child comments

Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is "seeking a price of between $750 million and $1 billion in a sale."

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[–] Gradually_Adjusting 50 points 5 months ago (2 children)

Remember when nerds used to be smarter than us? That was awesome.

[–] kat_angstrom 75 points 5 months ago (1 children)

Nerds still are smarter than us.

Unfortunately a cult of managers has arisen to rule over the nerds and they hype with an iron fist.

[–] [email protected] 5 points 5 months ago

Managers realized that the nerds' autism could be exploited for profit

[–] wirehead 31 points 5 months ago (1 children)

It's important to realize that the nerd you saw on the news has always been someone wearing nerd as a costume and the entire history of technology is loaded with examples of the real nerd being marginalized. It's just that in ages past the VC's would give a smaller amount of money and require the startup to go through concrete milestones to unlock all of it so there was more of a chance for the founder's dreams to smack up against reality before they were $230m in the hole with no product worth selling.

[–] [email protected] 4 points 5 months ago (1 children)

20 years ago, the big question VCs were asking their startups was, "How do we convince Microsoft to buy this company?" Simpler times, back then.

[–] [email protected] 7 points 5 months ago

10 years ago it was "how do we convince Google to buy this company?"