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HootinNHollerin , (edited ) to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

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

WhatAmLemmy ,

The entire company was a pump and dump scheme. They’re gonna continue the pump until dump or bankruptcy.

Natanael , (edited )

Extremely expected for a company that used to be all on in NFTs

shakcked ,

That’s Rabbit not Humane AI. These two clowns came from Apple and started Humane

just_another_person ,

Don’t forget about the dangerous batteries and looming recall (due to court action I’m sure)! They’ll soon have ZERO customers, in a way.

nyan ,

So, if we do some sloppy rounding and say that the subscriptions make them 3 million a year . . . it’ll only take a bit more than 330 years for anyone buying Humane at the asking price to break even. My cat could figure out that wasn’t a good buy. (Of course, he’d prefer to invest in a tuna cannery . . .)

HootinNHollerin , (edited )

I’d follow TUNA tips for more hot cat calls

AmieFromEarth , to technology in Spotify is raising the cost of Premium subscriptions, again

Why does noone here mention Deezer as an alternative? Serious question, cause im currently testing their free trial. They also pay more than Spotify to the artists and have better audio quality. Also i like the flow playlist feature so far. Any reasons against Deezer? Or anything in specific that makes Tidal better?

Shyfer ,

Odds the cost comparable to Spotify and Tidal? Preferably cheaper? Lol

Also do you know if it interacts with Apple Carplay or Android Auto? Looking for an alternative myself if Spotify will keep raising prices.

AmieFromEarth ,

Same price if Spotify raises prices. But they have an annual plan that makes it cheaper than Spotify. I have no clue about apple stuff, sorry. And i never use Android Auto. Im no help here.

Shyfer ,

Thanks for answering anyway!

RustyShackleford , to technology in Microsoft moves to resolve privacy concerns over its Recall feature

I can’t imagine this feature is enabled on Windows 11 Enterprise, right?

xcjs ,
@xcjs@programming.dev avatar

Not with this announcement, but it was.

RustyShackleford ,

Damn. 😣 Thanks for answering the question.

helpImTrappedOnline , (edited ) to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

“MKBHD takes out another company” /s

oakey66 , to technology in Microsoft moves to resolve privacy concerns over its Recall feature

But they told us not to be concerned.

Rayspekt , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

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

dependencyinjection , (edited )

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.

Thwompthwomp ,

He does get a bit ranty. I still appreciate his take though. Some of the LLMs are super helpful for me for some tasks, but the hype cycle for AI is really a lot to take and it does warrant some actual pushback against it. I can tell I’m becoming more of an old man, but it’s nice to have someone else confirm how bad the Internet is becoming. It’s almost like a hazy dream for me of back in the early days when it was just people sharing weird stuff with each other and not the active battle to fend off ads and scummy sites to find things.

dependencyinjection ,

This is an assumption but he’s just preaching to the choir at this point. I don’t see him having a mainstream audience and the only people that listen are people that already know how fucked everything is.

Also, so many ads. Like sure he’s got to make a living but he’s doing it in the very system he opposes.

just_another_person , to technology in Microsoft moves to resolve privacy concerns over its Recall feature

Can we just stop calling it a feature? Nobody asked for this to be a core part of the OS except MS tech support.

kaitco , to technology in Microsoft moves to resolve privacy concerns over its Recall feature

Time to recall “Recall”. And fix Windows 11 and repackage as W12 while they’re at it.

fubarx , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

Given the amount of money they’re looking for, guessing it’s for the unreleased products in the pipeline and their patents. Anyone who buys them is not purchasing their v1 product.

4z01235 , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

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

Diplomjodler3 ,

Every web outlet and influencer with more than 1000 followers bought one. But that’s all they’re ever going to sell.

dustyData ,

Isn’t it ironic that most likely, all their sales were used to make videos roasting their shitty product?

bassomitron , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

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.

RamblingPanda , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

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

aeronmelon , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

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

recursive_recursion , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin
@recursive_recursion@programming.dev avatar

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

smokebuddy , to technology in Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

saying the quiet part out loud out of desperation

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