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They only part of this that I thought was neat was the projector that projected onto your hand but even that isn’t as useful as a smart watch.
 
It was a product that didn't need to exist... yet the founders collected hundreds of millions of dollars in investment.

Not many people need AI at the moment... especially always-on AI from a pin on their shirt that cost $700.

And those who do need AI will just get if from their phones eventually.

Some people might say the Humane AI Pin was a product ahead of its time. But I'm still wondering when exactly the time for a dedicated AI device is supposed to be?

🤔
You are absolutely right, it was a product that didn’t need to exist. Nobody needs AI, if mankind needed AI we wouldn’t have made it this far without it. It’s nothing but a magnet for people with too much money on their hands and no idea what to do with it.
 
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3000 wannabe youtubers buying, making a vid and then returning, sounds about right. Wonder who the other 7000 customers are.
 
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How these jokers raised so much money with such a terrible idea and execution is beyond me. Did these investors REALLY think the average joe would be clamoring over this and people would be rushing out to buy it?

Did they ever think to try it? If they werent using (yummm dogfood) it why would anyone rlse?
I haven’t looked into it, but usually VC money is being raised before prototypes exist. VC’s invest in people, not products.

The whole VC economy is deeply flawed, but it’s how the world works now. It’s a lottery where it’s considered a success if one in 50 investments is a success, and the other 49 companies dies a fiery death. Investors sees failures like this as a necessary risk, not a failure.

The downside is that any new company that tries to simply create a good product and earn money selling it to happy customers, is choked by VC funded firestorms.
 
Sounds like the Vision Pro.
Difference being Apple can afford to keep Vision Pro as a product in their lineup, just to “pull the string and see where it goes”. Humane is dead as a dodo.

I see Vision Pro as similar to the first generations of Apple TV. Apple knew this (especially G1) was not the winning format, but they saw that there was something there for the long haul.

One of the things Apple is really good at, is understanding that the next big thing is not a replacement for the old big thing. This was Humane’s major downfall - they designed a product trying to replace People’s phone, but noone wants their phone replaced. Vision Pro is not designed to replace your phone, your iPad, or your Mac. Just like the Apple Watch does not replace your phone. Is there a market for that? Maybe not. Is the current format the right one? Maybe not. But Apple is doing right by making a push in that segment, just like they did in the wearables Pace with Apple Watch (which they also didn’t get right in their first try, by the way)
 
One more casualty of the AI craze.

The problem isn't with AI being bad, or weak. The problem is with the human herd instinct to go looney over pretty much anything,
 
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The laser ink display is very intriguing. Being able to control devices or search for information by using the display on your hand and gestures is appealing to me. I don't talk to my phone much, even when I'm alone. But giving vague clues and letting it go through your emails and texts is perfect for someone like me with a bad memory. Can't wait to see if Apple will produce something in their ecosystem.
 
”Humane cannot refurbish returned AI Pins due to a technical limitation with the cellular connectivity, and returned units are simply e-waste at this point.”

What in the hell? They can’t factory reset the devices and add a different cellular plan? Talk about a dumpster fire
Can they not get the IMEI white listed again by carriers? I'm trying to understand what this means. Certainly AI pin owners change phone service providers, plans and numbers. Does this mean you get a new one with this type of change? It's possible the hardware is cheap. I know WHOOP doesn't want their hardware back after it's been used, and it has at least some sophisticated biometrics in a very small package. Cheap to develop but not cheap to produce in mass.
 
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What an absolute joke.

People have been just fine for decades without all this hyped up AI garbage, and they will continue to be.
By that kind of reasoning, we could all go back to live in caves, which was just fine for thousands of years. We also don't need modern medicine, civilized societies and many other things. Mankind existed before them.

The right kind of question is whether the Humane AI Pin added anything of value to people's lives or was perceived as doing so. Answer: No.
 
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Maybe I'd pick one up for like, uh, $20 or $30 refurbished but...

The company only sold around $9 million worth of AI Pins in total, and it is trying to deal with $1 million in returns. Humane cannot refurbish returned AI Pins due to a technical limitation with the cellular connectivity, and returned units are simply e-waste at this point.

Uhhhhh, what – ouch.
 
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I haven’t looked into it, but usually VC money is being raised before prototypes exist. VC’s invest in people, not products.

The whole VC economy is deeply flawed, but it’s how the world works now. It’s a lottery where it’s considered a success if one in 50 investments is a success, and the other 49 companies dies a fiery death. Investors sees failures like this as a necessary risk, not a failure.

The downside is that any new company that tries to simply create a good product and earn money selling it to happy customers, is choked by VC funded firestorms.
I’m not a numerologist or anything but seems they’d probably have better odds just doing blow and playing keno. Curiously, it’s probably kinda close to what one could envision the guys that end up earning some of this money do with it anyway?
 
When the first money was raised, they were actually a little ahead of the AI hype curve. This project has been going for several years, and certainly was underway before Chat GPT blew up nearly 2 years ago. So there was some truth to the “catching the AI wave” from the investor perspective. It’s just that the product was no good, which is the only asset the company really has to help or harm its reputation. And we all know how that went.
Fair point, but surely someone in the room asked ‘but why isn’t this an app?’ before signing millions and millions of dollars?
 
Finding it somewhat staggering to see how many units of this were sold.
 
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