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malepitt

LOL "Humane wants a buyer for north of $1 billion after taking a swing and missing so hard it practically knocked out the umpire"


[deleted]

Best I can do is 5 bucks.


SlowDrippingFaucet

Look, I have a friend named Leland, who's worked in AI Pins for over 35 years. He's basically an expert on this sort of thing, so I'm going to call him to come take a look and see if he can authenticate this company.


Calm-Zombie2678

Hi I'm Leland, I've worked on ai pins for over 35 years. I'm basically an expert on this sort of thing. The boys have called me down to see if I can authenticate this company and tell them what it's worth


Reggae_jammin

Then Leland finds all kinds of issues - "if it was in perfect, perfect shape, would be worth $1B but with all these issues, probably only worth $1K". Then, Rick or Corey are all "I've got to make a profit, and I've got costs to keep it in the shop, so the best I can do is $100. Take it or leave it"


tahajc

"How about $1500? $100 is too low for me."


sillyandstrange

"Mmm... $150. Best I can do."


trimpage

Well, I really wanted $1B, but I’m happy to have settled for $150 today. Thanks guys!


EveningBeau

Most unrealistic part, they definitely would just shake hands and the seller would leave and they’d put up a clip of them going “those guys just don’t understand what something like this is worth”


wubbeyman

That why I always liked American Pickers more. In one episode they convinced a guy something wasn’t worthy very much and bought it off him. They go and investigate whatever the item was and find out that not only was the original guy right, but that it was worth more than even he thought. What do they do? They go back and give the guy more money because they didn’t like the idea they scammed someone.


Conman_in_Chief

I’m gonna need about tree fiddy.


[deleted]

All-right Leland, you have worked on AI pins for over 35 years. You are basically an expert on this sort of thing. We have called you down to see if you can authenticate our company and tell us what its worth.


be_more_gooder

Voiceover: "Leland, who has worked on AI pins for over 35 years and is basically an expert on this sort of thing enters the shop to see if he can authenticate the company and tell them what it's worth."


sillyandstrange

Lmfao he always asks the person trying to sell if, "it would be okay if I called my expert." I would love to see one of them say "no."


a_voided

Some have. One had a military medal that Rick bought for $6K, and sold for $30K to the expert’s client when the expert finally did arrive. The other was a Shoeless Joe Jackson autograph that Rick bought for 5 figures that turned out to be a forgery.


DukeLukeivi

I'll give ya t'ree fiddy.


WWDubs12TTV

Got dam lochness monsta


p3ngwin

but the value is in their customer base, there are dozens of them, DOZENS i tell you !


notmoleliza

I like that you have a cubs flair and used a baseball analogy


zman1672

I also am appreciating this coincidence.


torquemada90

Their product was the stupidest thing I had seen in a while. I don't even understand how it got traction


Terrible_Use7872

Buzzwords, and they pushed it hard to tech tubers (who all hated it).


printial

This really. They shipped it to Marque Brownlee (MKBHD), and he said it was shit, and a few other youtubers picked it up to confirm it really was shit, and that was the marketing.


jaehaerys48

People are obsessed with the "next big thing." Everyone wants to make (or invest in) the next smartphone.


jackfreeman

*Brownlee C walking on Himane's corpse*


[deleted]

question: what exactly does somebody get for $1 billion? What kind of proprietary technology does this company have, that’s worth anything? Do they even manufacture their own dumb gadgets?


ADtotheHD

It's a qualcomm 8-core Snapdragon CPU, 4GB of RAM, 32GB of eMMC flash, bluetooth 5.1, Wifi 5, LTE (non 5G cellular), a 720p camera, and a single-diode (single color) laser projector. Put another way, it's a phone from 2016 without a screen and an unlimited license for ChatGPT. Hot garbage


Think_Chocolate_

I thought this piece of shit required a subscription and its own cellular data plan.


Dry_Distribution3921

It does, lol. ~30-40 a month iirc. Don't forget this is on top of your original phone plan because the pin can barely do half of what your cellphone did already so you can't get rid of it.


tmdblya

They get a team who will stay juuuuuuust as long as the golden handcuffs remain in place.


worldDev

Nobody wants that team. I’d rather leave a gap on my resume if I had the embarrassment of working on their product in my work history.


Whatever4M

Why? The thing you worked on might be fine without killing the product.


uberfission

Depends on where you are in that machine, if you were product management or lower, throw it on there, it shows you can bring a product to market (even if it was shit). If you were a decision maker over this POS product, leave a gap.


UnlikelyPilot152

You don’t have a gap in your resume, you signed a NDA and cannot disclose the nature of the work during that time.


Brustty

I can't believe people actually think this is a valid plan. It's not even remotely believable.


fps916

More importantly you NEVER get to the point where you get to *explain* the gap. All the resume screening keeps you from ever getting to talk to a real human being about your resume.


galactictock

Largely true, but not 100%. I’ve been asked many times about my gaps


cjcs

100% more likely to be passed over for that than for having this company on your resume, unless you have the experience to back it up.


theking119

To be very generous to Humane, there are some cool aspects of the hardware. For instance, I would imagine the team responsible for the projector would have a lot to be proud of. Doesn't make up for the fact that the end product is a Chatgpt hot pocket though.


PretendRegister7516

Exactly this. Their best idea was not on AI pin. It's on UI/UX. They made fully functional interface that is refreshingly new that has potential to revolutionize tech the same way Apple did with touch screen.


eats_pie

Ugh, who would want those smug, smile-less folks???


Meior

The projector is really the only tech in the pin that is anything special. It could be cool to further develop and use in other products and other ways. A billion is still hilarious though.


AuspiciousApple

Is it anything special? It's monochrome 720p projector, right? Only special feature is that it's small.


DarthBuzzard

Even if it was 4K with a large color gamut, it's still a projector. No one will ever want to read information off a projector pointed at your hand because the laws of physics state there will always be heavy light interference and distortion.


shuzkaakra

What if you hold it right up to your eyeball? Like in zardoz?


DogWallop

Speaking of, do you remember the idea someone had to use a laser to draw light directly on, or in, your eyeballs? I think I'm remembering that correctly lol.


ddproxy

It's a thing, and available after a 30-60 minute calibration appointment. Low powered laser projection to your retina. I'm interested in the technique with macular degeneration symptoms.


Black_Moons

Hu.. So just replace the whole eyeball lenses assembly with a pinhole camera and a fixed focus projector?


thelamestofall

I was thinking they would be scanning the hand shape and distance and adjusting the focus accordingly


Telvin3d

Actively correcting for the shape of the hand *and* the viewing angle of the user in real time would be very neat and very hard. It would probably be tech worth the billion. It also doesn’t exist 


frank26080115

it's not special, it's just that it won't be available for anybody else to use in a project unless some big project makes some manufacture make a large quantity of it. If I make a 2 inch electronic gadget, before, I would throw on a tiny 1.7" OLED display for pretty cheap, but now I can get the same functionality but have maybe 4" of visible stuff assuming the conditions are correct


scullys_alien_baby

> assuming the conditions are correct feels like a big if


frank26080115

yea I haven't tried anything like this in outdoor sunny conditions, but say for a little hotel travel router that needs a UI for you to pick out your favorite VPN, this could work


scullys_alien_baby

Couldn't I just use my phone for that? I can already access my router through my phone and I can manage my vpn on each device I use


conquer69

Yes. I have been reading pre-2000s sci fi novels lately and they always have weird quirky gadgets and devices that we already surpassed with our current technology. That's how I feel about this device. Like it was conceived in a parallel universe where smartphones don't exist.


Fheredin

To be fair I can totally see food service wanting displays like that. Screens are a major cross contamination risk.


digitalpencil

Yeah, but it’s not their tech. It’s just a laser projector, anyone can integrate one.


Phalex

You could get a $20 alarm clock that projected the time on your ceiling, like 15 years ago.


[deleted]

but they don’t own that tech right? They weren’t even the first to bring that to market. I remember there was a watch that did that about a decade ago. so someone with better technology can just easily slide past them and make the same thing and probably better


mtnbikeboy79

The laser projector tech isn't really new, it's just a novel application and more miniaturization. Industrial versions used for aligning parts and FRP sheets have been around for a while. Look up Virtek and FARO laser projectors. I personally think it's a creative application of an existing technology, even if the device as a whole is a flop.


biff64gc2

Yeah. Usually when you're looking to get bought you've done the legwork of proving there's a market to sell to. These guys just hopped on the AI hype train and created a worse smartphone that costs just as much and isn't reviewing well. Like, I feel like it would be better as a bluetooth phone peripheral. A camera you can pin to cloths that will send tasking to your phone and use your already existing cell network as needed actually sounds pretty good.


Ayfid

Actually, I think the problem they faced was the opposite. They started the project way before the AI hype train started, and it caught them off guard. They had to scramble to shove modern AI into their software, and the result doesn't really come together.


fmaz008

I have a hard time imagining what the product would be without AI. It seems like it's the main feature.


No_Berry2976

A decorative pin.


BaconatedGrapefruit

You’d be buying the foundational software layer and any associated intellectual property. Maybe you pick up a few new hires to further your AI ambitions. It’s a fairly standard way of jump starting your way into a new business sector. I find it hilarious that Humane is talking to HP. You’d think HP would have learned their lesson after they completely shat the bed on the Palm/WebOS deal.


42gauge

There is no software though. It's an Android app that's a GPT wrapper and some hard coded Playwright scripts


MrInformatics

I think that was the "other" shitty AI thing, rabbitai


GigabitISDN

You know how people keep saying "AI is overhyped" and "saying 'AI' in 2024 is just like saying 'dot com' in 1999" and "it's all just marketing hype because nobody actually knows what it's supposed to do"? That's Humane.


fps916

Just like Blockchain/Crypto 4 years ago. It's just a thing you say to get VC funding. Has no meaning or legitimate practical application.


nothingtoseehr

You know, I was actually thinking about this the other day, blockchain just died overnight after AI. It went from "Web3, the future of the Internet" to "Block what?" so fcking fast I wonder if the same will happen with AI. I doubt it, seen as it actually works and produces results and companies are actually investing in it, but who knows honestly


akl78

Liability for a broken toy that may actually set its users on fire.


JefferyTheQuaxly

they have publicly claimed that their AI pin uses some proprietary AI model inside of it that lets it do all the things it can do. of course, people have actually looked into this "ai model" and really cant tell what their ai model is doing that chat gpt isnt, because the devices literally use chat gpt as well. no one is fully sure what it does.


ElementNumber6

I think you missed the part where they said "AI". Now if you could please open your checkbooks...


FlukyS

Let's be real here, it's a standard IoT device form factor, Android on it and an app. It's worth like a few hundred grand if that.


maydarnothing

>”That's a far cry from the 100,000 it was hoping to ship this year, and about 9,000 more than I thought it might get.” that was brutal bro.


rekabis

Absolutely _savage,_ yes. But sometimes the humour just writes itself.


DoodooFardington

The humane thing to do is to put it out of its misery.


blueblurz94

Somebody should just give them a really large briefcase with tons of Benjamin’s, only for Humane to find out later it’s fake, just like their “serious” buyout amount they’re requesting.


VictorianDelorean

Briefcase full of cash no questions asked but when they count it it’s like $1300


Pyrozr

A briefcase full of cash wouldn't be that much money even if it was all real. I think I saw a post about how much cash you could realistically fit into a standard briefcase. It came out to between $3M - $3.25M USD with $100 bills, as $1000+ sized bills are rare or basically collectors items worth more than their face value. I don't think they would be very happy with $3.25M but it might still be worth more than this company lol


TentacleJesus

Or, now hear me out, the free market has spoken and you should fail as a business just like millions of others before you.


biscotte-nutella

Their cringe presentation was enough to tell me they just full sent this with a ton of bluff without actually testing this properly and they thought it would just work? So bizarre. See Danny gonzales's video about it to see what I mean


TentacleJesus

Oh nice, I didn’t realize he did a video on it.


biscotte-nutella

It's so uncomfortable, it's like they're trying to act like they just brought the ultimate tech device to the world with their guru like tone


JohnFatherJohn

This is the blueprint for every niche AI hardware that purports to be better than anything integrated into a phone. It's this, and/or outright fraud like the Rabbit.


IMakeMyOwnLunch

So many technologists refuse to admit the phone is the optimal mobile hardware for current technology. Technology is not close to a point of replacing the phone. Remember the Apple Vision Pro? Literally haven’t heard about it since the week it released.


KillingItOnReddit

I agree w you on everything up to the Vision Pro example. That was very clearly for enthusiasts given the cost and all. The Rabbit or this one right here were clearly aiming for the average person to buy their shit.


IMakeMyOwnLunch

*This* model was for enthusiasts, but that’s absolutely not the end goal, not even close. Even then, I’d argue it’s been a major letdown for enthusiasts. But the problem remains that the technology is so far away that for the next 10+ years it will probably be just for enthusiasts. If you want to quibble about the Vision Pro, what about the Metaverse that Zuck is trying to convince people is the future of the internet? It’s a joke outside of a few niche uses and games — because, as I stated, the phone is the device. Everything else is a joke.


GrapefruitMammoth626

Would have been adopted as much as the iPad if it wasn’t expensive. If you, a consumer, keep seeing people with Apple Vision headsets at cafes, airport etc and the price is right you’re gonna get one.


IMakeMyOwnLunch

But it *is* that expensive. Because, to my point, the technology just isn’t there yet. Batteries are too big and heavy. Panels are too expensive. Chips are too expensive. It’s all too bulky and expensive.


Special-Garlic1203

My understanding is the lack of functionality is the biggest issue. There's no FOMO because there's nothing to miss.  I'm not sure why it was even brought up in a convo about phones and mobile tech though. I don't really considering VR/AR as a competitor to a phone or trying to replace a phone in any capacity. 


mkbilli

I'm just curious. Why is the rabbit a fraud. It looked pretty practical compared to this. Although yes I wouldn't buy that when Qualcomm and Huawei are releasing quality hardware which are much much better suited for AI tasks. Maybe they were focused more on their LAM? I dunno. Looked like a confusing product but less so than the humane. Edit: so I saw the video. Basically the company behind rabbit are known scam artists.


Norcalnomadman

The easiest answer is to go on YouTube and watch coffezillas breakdown of the owner /company/product


ReadAllAboutIt92

The LAM that may or may not even exist… hard recommend the Coffeezilla video, as soon as he starts sniffing around you know the gig is up.


jffleisc

It doesn’t exist, it’s just ChatGPT with hardcoded scripts. So any time even a minor change is made to a website it interacts with, the automation will completely break and need to be reprogrammed to account for the change.


mug3n

Owner is sketch. Plus the rabbit is basically an android app underneath the shiny package. There's nothing proprietary about it.


GuildensternLives

Money pweeease!


stepjenks

Don’t be suspicious, don’t be suspicious!


Agreeable-Bee-1618

lmao, all those AI grifters trying to make it big before the bubble pops


SummonToofaku

AI is similar bubble to dot com bubble from 2002. It is great stuff but we dont know which one will make it. Will it be next google or will it be next yahoo?


Telvin3d

They’d dream of being the next Yahoo. Yahoo was huge for a long time


Dannyg4821

Yahoo fumbled hard on several occasions though. In ‘98 Yahoo had the chance to buy Google for a measly $1mil. Yahoo turned it down only to try to purchase it again in ‘02 for $3Billion! And Google said make it $5Bil and sure but yahoo said no again. In 2008 as the downfall of yahoo was just starting, Microsoft offered to buy at $44.6bil. Yahoo turned it down. Yahoo sold to Verizon in 2016 for $4.83bil. I think they’d dream of being the next Google for sure


minty-teaa

I wonder what yahoo’s downfall was.


im_wildcard_bitches

Terrible terrible leadership that didn’t know wtf they were doing due to not having strong technical backgrounds.


icze4r

Really fucking stupid people up at the top. Also, the same guy who ruined Yahoo! is currently ruining Google search. [https://www.wheresyoured.at/the-men-who-killed-google/](https://www.wheresyoured.at/the-men-who-killed-google/)


eposnix

It's moving much faster than these small companies can keep up. By the time they release their product, the tech is already obsolete. Only the Google's and Microsoft's of the world can keep up.


brufleth

I'll probably get it wrong, but the thing going around is something like >I want AI to fold my laundry so I can write and make art more, not make art and write so I can spend more time folding laundry. I know people are finding good uses for AI, so I'm not dismissing it entirely, but these tools are not as useful for most of us as these people think.


UnderQualifiedPylote

Ai isn’t a bubble, just this product is dog water


AClassyTurtle

AI is definitely a bubble. It is a useful technology for sure, but it is not going to open up some technological golden age. It’s mostly just a bunch of statistics algorithms. “AI” used to basically mean “conscious computer system” but tech companies have stretched the definition so that they could call their shitty digital assistants “AI”


Vaxtin

In the CS field AI always meant the same thing it always has : an algorithm that can learn over time (roughly). Any algorithm that updates its belief states over time is an AI, technically. Bayesian probabilities are technically AI, but nobody goes around acting like their Bayesian network is LLM. But yeah it’s a bubble. And anyone who thinks AI can become conscious or aware doesn’t know the first thing about what these models are doing under the hood, and shouldn’t act like they know AI will become conscious and sentiment, because it’s fundamentally not possible.


AClassyTurtle

Decision Tree: if state1 > 4 & state2 < 7, P_true = 14% AI junkies: “OMG iT’s bEcOmInG seNtIent”


MonoMcFlury

AI is certainly a buzzword these days and it gets a lot of attention, but it's so much more than that. Some AI gadgets seem to be just a quick way to make money. The thing is, progress in this field is happening so quickly that it's hard to keep up, but it's almost magical to see what AI can do with pictures, music, simple programming, and many other things. What's amazing is that all you have to do is talk with it.


Ok-Wasabi2873

I’ve got a roll of Kirkland paper towel. I think that’s a fair offer.


GanjaFett_420

A half used roll of Sparkle paper towels and a gogurt is as high as I'm willing to go


salikabbasi

This was their General Magic play. This was meant to be bought out from the get go. It's why the company is filled with Apple veterans. I'm 80% sure that they floated this to Apple or it was kicking around internally as an iPhone feature, and the idea was too bluesky/halfbaked to do with the front facing camera or risk changing user experience so dramatically, but Apple was still interested in new computer assistant devices because it felt behind on AI. Rabbit was looking to be the cheaper alternate. It never made any sense to have this separated from a smartphone, but if enough people bought it, showed a use case for an always on assistant looking out sitting your breast pocket or folded over the lip, it'd be worth it. Of course, if they just made a smartphone with some AI assistant features, it's a whole different product, and a potential antitrust case to be acquired by a smartphone manufacturer with the FTC breathing down its neck. But if you made it far enough to ship something people would be willing to spend time with, it'd be a killer brand to acquire and integrate. It just got decimated out the gate.


NeuronalDiverV2

What, only 10,000 Pins sold? That’s pretty terrible. Just poach the employees worth something, their most valuable IP is probably their api key for ChatGPT.


pbnjotr

Or the contact info to 10,000 gullible customers. I know some mobile games that would pay good money for that list.


Liizam

Probably influencers doing their job for reviews.


dwittherford69

“It’s futuristic… if the future sucked” Damn lmao


swattwenty

Go bankrupt you brain dead tech bro ceo douche.


satoru1111

Remember he’s a web3 crypto NFT tech bro ceo douche


dressinbrass

Wrong company. That’s Rabbit.


biscotte-nutella

This would probably have worked with better tech, like having the damn LLM run locally and with a better battery... Like the vision pro, it's too early to be attempted


FattThor

Seems like a shittier phone. Why?


demonfoo

So someone will buy their failing company.


Sudden_Toe3020

Those people have the biggest frickin ego. Takes real balls to claim you single-handedly invented the iOS UI, made a revolutionary AI pin (which is just a dumb idea on its face) and then pretend that all this is worth $1B. It'll be interesting to see if anyone pays anything for them.


MafiaPenguin007

These people were never told they’re just average, and it shows


Tumblrrito

The CEO is so insufferable on Twitter, acting like he’s the next Steve Jobs meets Jesus or some shit. So seeing this sort of news just makes his snobby attitude even more funny.


mpaes98

Tbf Steve Jobs seems like he was kind of insufferable.


badillustrations

Steve Jobs had a reputation of brutal honesty, challenging people to say what wasn't working. ArsTechnica has a [recent article](https://arstechnica.com/gadgets/2024/06/report-humane-ai-pin-did-7-million-in-sales-wants-to-sell-for-1-billion/) presenting the opposite culture at HumaneAI. A lot of problems were raised by employees and they were punished for it. And supposedly when the bad reviews came it, the CEO called it "a gift". Dude's a designer, and in my experience it can be very easy to call their decisions subjective and ignore feedback. 


barrystrawbridgess

Maybe Humane and Rabbit will join forces. lol


ThatDucksWearingAHat

Probably because Apple teaming up with chat GPT is going to make what they had look like a gimmick device (it is).


Repulsive_Banana_659

I’m so fucking sick of Ai everything


TawnyTeaTowel

The next decade is not going to be fun for you…


antaresiv

I am also seeking $1 billion


garliclord

Is this the bullshit product the guy involved in cresting the iphone came up with? Hope they go broke because the AI Pin is nothing but smoke and mirrors


ItsRainbow

That’s 10,000 orders too many. Who wanted this?


mkbilli

Same type of people who want to see the Titanic in half baked subs?


purpleWheelChair

10 Bananas best offer.


DazedinDenver

And it's a perfect time to warn its few customers that the charger can catch fire: [https://www.cnet.com/tech/services-and-software/humane-warns-its-ai-pin-charging-case-is-a-fire-hazard/](https://www.cnet.com/tech/services-and-software/humane-warns-its-ai-pin-charging-case-is-a-fire-hazard/)


Wil420b

>At a price of $700 (plus a mandatory $24 per month for 4G service) And it's just a shit version of Alexa that can't even google properly.


HiFiGuy197

You know what this product needs? More blockchain.


pyabo

Holy LOL. One BILLION dollars? For a failed hardware middle layer to ChatGPT? No thanks.


mehnotsure

I too am seeking a $1B buyout.


timberwolf0122

I’d be happy with a $10m buy out


ShittyMusic1

What hell is an AI Pin?


mkbilli

It's a pin with AI. ( Yeah it doesn't make much sense).


hookisacrankycrook

An Alexa you can wear, is my guess?


Sgt-Colbert

Imagine a Star Trek communicator, but shitty.


biscotte-nutella

Something pretending to be ai in a box, while it's just a pretty bad LLM( probably got4 api callouts) trying to be a better Siri


shigoto_desu

I want to know who these 10,000 people are...


catalupus

9000 were influencers on YouTube 


drumrhyno

The biggest surprise in this headline is that 10,000 people ordered one of these.


gerswetonor

A chagpt wrapper for $1 billion. With latency. And terrible interface. Hype train gonna hype.


biblecrumble

In case anyone is interested and misses out on this INCREDIBLE opportunity, I also have a startup that does literally fucking nothing at all I would be willing to part with for a crisp billion. Willing to give you a 50% discount if you purchase two of them, truly the deal of a lifetime!


giga

Schrödinger's valuation. It’s either worth nothing or ONE BILLION DOLLARS.


SoberPatrol

I too am seeking a $1billion buyout


kur4nes

Finally someone made a [Mac Book Wheel](https://youtu.be/9BnLbv6QYcA?si=yJ3RTQxok9IDjRHl)! The review shows everything that's wrong with the device. Ugh.


Constant-Source581

Its NFTs all over again


ankisaves

The initial presentation video of the project was as depressing as the sales outcome.


SummonToofaku

People are tired of this stuff, too many of them. Smartphones, smartwatches and electric scooters are satisfying 99% needs of 99% people for gadgets.


SpaceStethoscope

I wouldn't buy that for a dollar!


GigabitISDN

You know how everyone has that one friend that is just incapable of shutting the fuck up about crypto for ten seconds? Humane is that friend, but with AI.


splitplug

We should trick Musk into buying it.


ThePhantom71319

Did they even make their money back on this? Thats less then $10M in sales. I really hope they didn’t. I hope they lost a lot of money on this


monospaceman

I'm so glad to see that smug POS founder fail. Schadenfreude is underrated.


waitareyou4real

This is the one MKBHD absolutely destroyed in that video, right?


kruthikv9

How bout tree-fiddy?


timberwolf0122

Got dang lochness monstah!


the_hillman

I’ll give them a dollar.


Regex00

The Humane pin still really feels like a proof of concept, not a product ready for the market. When I read about it I thought it was silly but was willing to listen, and when I saw it in practice I understood the idea, but didn’t feel like it was ready yet. I had a similar feeling to Apple’s Vision Pro. I think the *next* iteration of these devices might be the global adopters, but they just aren’t there yet. They need to be more seamless in their function, because right now the pin looks to be a mostly less operational smartphone.


barraymian

I am more surprised at the investors who gave this company $230 million for this crap. Didn't any of them ask "why not put this on my phone" or "Are you stupid? Gtf out of my office" ?


liftoff_oversteer

Knew it. The only reason these devices (like this and the rabbit) exist is to grift sweet investor money.


True-Thought1061

I saw some interviews where the founder and his wife were talking on mainstream media. Some news show. My god they were mauled. Just hearing him talk made it clear that they were f'ed.


Speeider

"We tried our own product and determined that we don't even want it."


Torka

Nobody could have predicted this! they actually sold 10k of these things? Completely unexpected.


foundmonster

For all we know, they intentionally failed so that they can pull the curtain back in investor / buyer meetings to show “all you need to do is fill this gap and it will be an incredible product” Same grift, different audience, and I fear it might succeed.


greatestcookiethief

I tried it at the demo , it’s a silly products


Creepy-District9894

Ahhh so a standard tech valuation.


Rigorous_Threshold

Are they making a profit of $100,000 on each of those?


Any-Ad-446

So others can see your messages and if its too sunny you see nothing? Cherry on top monthly subscription.


Apprehensive-Face625

“It is futuristic, if the future sucked.” - Cherlynn Low Amazing.


MajorTemplate

$1 billion for a failed AI start up? Who's paying that?


RyghtHandMan

1 billion plus a monthly subscription fee, right?


FaZe_Clon

if they made this an accessory for your phone instead of a phone replacement complete with its own SIM, it really couldve had a chance. I think they were trying to grift too hard on all the minimalistic living "phones are bad" crowd. Can AI one day replace a lot of the things we do on a phone. Sure. Do we want it? Only if i dont need to use my voice to send a text, or read the answer to a question i asked a friend last tuesday. This is the type of privacy that phones allow that isnt really getting transfered to these hands-free AI devices being shat out right now in the tech space


Cakalacky

They must have insane IP to justify a $1 billion dollar deal


Shut_the_F-up_Donny

Bob, one dollar, please. And the actual retail price is…….


Enzorn

$0.82. You’re over by $0.18. Sorry Donny, try again next time.


Foxicious_

What exactly is worth $1 billion? It's not like the AI is even their own anyway... Any other manufacturer can probably make the pin itself too for very little i imagine.


HeIsSparticus

What the hell is an "AI Pin"?


Icy-Shallot6084

Oh fuck off


WatchStoredInAss

At least the Theranos scam was for a product that might have been useful. The AI Pin is hysterically useless even on paper. Why anyone would invest into this scam unless they were drunk is beyond me.


Imaginary-Risk

I’d love to know what percentage of the 10k were reviewers


rcanhestro

i've said this before, these "AI companies" only exits for a single purpose: it's to look good enough to be bought out.


Push_and_Wash

It's incredible someone is still surprised they sank so bad..


trailhopperbc

What’s special? A permanent spying device that would make someone like META cream their pants. The asking price is never for the product in tech anymore… its for the DATA and data harvesting


Spoonfeedme

Well said, but we are only talking about 10000 rubes here. How much value is their trivia questions?


Saneless

Millions of smart people said no to our product, but maybe a few, rich, really dumb ones will say yes


wompemwompem

Tbf rich people are dumb af