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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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Their adoption plan was just wrong. Few people want to give up their phones, and the general public has had enough of a learning curve struggle with mobile phones. The device didn't make sense, at least not in its current state.
The AI bubble will burst soon, and when it does, real innovation will happen.
They designed a product that doesn't solve a problem that anyone has. On top of that they designed something that doesn't even work well.
If they had a couple of unbeatable patents that they just couldn't figure out how to turn into products, that's almost forgivable -- you blew your launch, so you sell out to a company who has the resources to make your ideas into something the public will buy. But as far as I can tell, these guys don't really have any IP worth buying them out for.
Yep, at high price+monthly fee, too.
And it was overpriced. I can see people buying a useless toy for 50 bucks, but not for $700.
I never looked into it, but assumed it was just like an “echo dot”. May deserves a premium for being smaller and belatedly powered, as much as $30?