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[–] 218 points 2 years ago (1 child)

I'm honestly surprised they made 10,000 sales.

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  • [–] 147 points 2 years ago (1 child)

    I am also seeking a $1 billion buy out, to compensate for years of being underpaid! What a coincidence!

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  • [–] 12 points 2 years ago (2 children)

    I'd buy you out but all I have is my 20 bucks from streaming music revenue and I'm going to spend that on beer.

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  • [–] 106 points 2 years ago* (4 children)

    No one wants badly executed overheating slow Google assistant in a pointless little box. You already have a superior assistant in your pocket, reacting to your voice.

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  • [–] 96 points 2 years ago (3 children)
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    [–] 79 points 2 years ago* (last edited 2 years ago) (3 children)

    ask for 1B valuation with only ~7M in sales + ~240k/mo subscription revenue… hmmmm gonna be a no for me Dogg

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  • [–] 54 points 2 years ago (21 children)

    I'm sure there's some MBA douche stupid enough to buy it.

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    [–] 44 points 2 years ago (3 children)

    I don’t see how the AI assistant won’t eventually just end up on the smartphone. And, given that it’s not always appropriate to talk out loud to your phone, being able to use it with a screen makes it the perfect device for it.

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  • [–] 22 points 2 years ago (3 children)

    That’s why they made it a pin.

    Sure you can sell an app on the App Store, but most people won’t pay more than 5 bucks for an app, and even that’s stretching it. And the subscription market is already over saturated. So how do you make a boatload of cash? Sell overpriced hardware that needs to be “upgraded” every year or 2 to use new features, and include a subscription to use the thing in the first place.

    They wanted to pull an Apple and lock people into their hardware ecosystem. I guarantee there was a plan for them to release an AI phone in the next 5 years if this thing did well.

    What they missed is Apple products are generally pleasant to use on a daily basis. From what everyone said, this thing was hot garbage and slow to respond to queries.

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    [–] 43 points 2 years ago* (last edited 2 years ago)

    "MKBHD takes out another company" /s

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  • [–] 32 points 2 years ago (1 child)

    How do you actually get the oil from the snake though?

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    [–] 31 points 2 years ago

    I’m also be seeking for a 1 billion payout

    At least my product is working as intended

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  • [–] 26 points 2 years ago (1 child)

    Huh - so it turns out people liked how smartphones consolidated all their various devices into one?

    I guess the era of the hardware app is over…

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  • [–] 20 points 2 years ago (2 children)

    You can't conclude that from this. The fact that there was hype and excitement about this supports an interest in the concept. This was simply utterly horrible execution and that is all.

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  • [–] 20 points 2 years ago

    Inevitably. That's the goal of most tech startups; hype themselves up and sell out for as many millions as possible. Meanwhile honest labor, education, and trades workers can't afford houses.

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  • Thinking about the cost of maintenance, liabilities, and ethical/moral decisions

    • you couldn't pay me enough to take on that company

    good luck to anyone else thinking otherwise

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  • [–] 14 points 2 years ago

    HP is reportedly one of the companies that Humane was in talks with over a potential sale

    They didn’t learn the lesson with webos? They lost billions even if that was a good os with good phones.

    Can’t imagine anyone wanting to buy this company for more than 1million and that’s just because of patents and devs (acquihire - where the buyer is only interested in ip and devs and doesn’t care at all about the actual product)

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  • [–] 12 points 2 years ago

    I could draw a kitten for that kind of money if anyone is interested. At least there are no monthly costs to it.

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  • [–] 11 points 2 years ago

    What an insane valuation, lol. I wonder how gullible their seeders/initial investors were when they pitched the company initially. Needing to get that much money to settle bills and debts just blows my mind. Shit like this is why I sold my AMD shares at its peak a few months ago and why it's probably worth considering selling Nvidia now as it's peaking. The AI boom may peak a bit higher, but I think the frenzy is going to begin waning within the next ~6 months as more and more investors realize the tech is still very limited outside of backend enterprise use (e.g. using LLMs to ingest all your SOPs, regulations, technical documents, etc. and then make it available for employees to query for random work questions).

    But who knows, I've been wrong before.

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  • [–] 10 points 2 years ago

    saying the quiet part out loud out of desperation

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  • [–] 7 points 2 years ago

    Humane as a company is worth the cost of exactly 10,000 units.

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  • [–] 7 points 2 years ago (1 child)

    Ed Zitron is going to have a field day with this one.

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  • [–] 5 points 2 years ago* (last edited 2 years ago) (2 children)

    I listen to Better Offline and I’m as jaded and cynical as the rest of us, but even I find some of his episodes too much to take.

    Like he has no impartiality at all, particularly his takes on LLMs. Our small company of software developers and engineers have saved so much time with Visual Studio CoPilot. The fact is there are uses where they’re extremely useful; just maybe not as the MSM portrays it.

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  • [–] 5 points 2 years ago

    Tell me it's being bought by a data mining company?

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