One month after launch of its "smartphone replacement," Humane already seems doomed.

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.”

  • ghewl@lemmy.worldEnglish
    292·
    6 months ago

    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.

    • stealth_cookies@lemmy.caEnglish
      32·
      6 months ago

      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.

      • sundray@lemmus.orgEnglish
        5·
        6 months ago

        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.

      • erwan@lemmy.mlEnglish
        3·
        6 months ago

        And it was overpriced. I can see people buying a useless toy for 50 bucks, but not for $700.

    • ColeSloth@discuss.tchncs.deEnglish
      10·
      6 months ago

      Even if they did want to give up their phones, they wouldn’t for anything with a two to four hour device. Let alone something that only has a mild neato factor of a low powered laser projector. Smart watches do the same shit with a longer battery life and virtually no one’s replacing their phones with those, either.