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Humane AI Pin is a disaster: Founders already want to sell the company
(arstechnica.com)
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this post was submitted on 22 May 2024
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So this is scam right? Overpromise on a product that doesn't work then sell the company for some huge price because it's cutting edge technology? Because it feels like a scam.
Yeah, the product was a boondoggle. Trying to sell the company after that launch, with nothing else in the pipeline, is a scam.
remember how over the past few years almost everything brand new had the word "blockchain" shoehorned into it for no good reason?
This is the same kind of thing. It's an atrocious boondoggle. There must still be a serious amount of cocaine floating around Venture Capitalist parties, because one of those boys is gonna drop 500M on this company and think they bought the dip, when in fact they, themselves, are the dip.
I can't even remember the last time when some hot new technology changed our lives significantly. I'm inclined to say Android because it was a new mobile OS and now it's everywhere and various devices but even that is more than a decade old.
Bluetooth ANC IEMs/earbuds were rare a decade ago, and now I see half the people around me wearing them all day
Anything with "AI" in the title is a cash grab with very little actual technical worth except the models and training data.
Pretty much anything with AI on the tin is a scam. Because when an AI product gets a useful valuable application, it immediately changes name to something else.
They're all scams. This one's just more obvious.
It's just how the us economy works