this post was submitted on 22 May 2024
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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."

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[–] ghewl@lemmy.world 35 points 5 months ago (7 children)

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.ca 45 points 5 months ago (4 children)

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.

[–] ghewl@lemmy.world 8 points 5 months ago

Yep, at high price+monthly fee, too.

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