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

submitted 7 months ago by gedaliyah to c/technology

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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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[–] [email protected] 4 points 7 months ago

I understand your point but there is a huge difference between the 2 products.

Right now, we are basically asking AI pin companies "Why can't this be an app?" And they are giving us vague dodgy corporate answers. Magic leap is a fundamentally different product from a standard smartphone. It failed because the hardware wasn't there yet even though there was a lot of interest.

In 2023, even with a company like Apple, Apple Vision is seeing slow adoption rates of the product. Why? Bulky + power hungry + expensive, similar issues from back then, albeit to a lesser degree. Till the technology becomes accessible, it will remain as a niche. It has the potential to change a lot of things in healthcare and manufacturing but it still has a long way to go.

The metaverse is also suffering from a similar problem. What can the metaverse do that 2nd Life/Minecraft can't do? It needs be better than the existing solutions while still having a low barrier to entry price-wise. Do note I'm completely skipping the fact that it's being heavily pushed by a privacy nightmare of a company.