Comment by GenericDev
1 day ago
Unfortunately they are. They're a former shell of what they were. I think they're changing their focus to lenses or something. Last I heard they're partnering with Google and it's absolute ass. The company is effectively dead and being carved out for parts by Google is my take.
It's a real bummer because they were the only company I was actually interested in seeing pursue Augmented Reality. Now it's literally the most evil companies Meta, Google, and Apple.
The 90s optimism of future tech is dead and all that's left is whatever this is.
Your sympathy is severely misplaced. Magic Leap was Theranos-sized fraud from the beginning: they never had the goods, put out a whole bunch of misleading hype to persuade consumers and gullible investors that they had the goods [0], and eventually it caught up to them. Good riddance.
[0]: https://www.youtube.com/watch?v=E9r2Z5v_E9o
I agree they hyped the product too much, but contrary to Theranos, they did ship two products that actually moved AR tech forward. They just weren't efficient enough and the product market fit wasn't there. Even Apple is failing at AR.
https://www.youtube.com/watch?v=w8J5BWL8oJY
>Surprises abound in this multimedia, surrealist talk/performance by Rony Abovitz and Magic Leap at TEDxSarasota. Rony is a recognized innovator and entrepreneur, having co-founded the pioneering robotics company, MAKO Surgical Corp, which was recognized by Deloitte as the #1 fastest growing tech company in North America in 2011. Part of TEDxSarasota's inaugural conference held on 12/12/12 with the theme "Creativity Matters" at the Historic Asolo Theatre in Sarasota, Florida.
[flagged]
Don’t be so harsh, at least we got the Steam Deck out of all this.
What connection do you believe exists between the Magic Leap company and the Valve steam deck?
In the same sense that we also got [total surrealistic non sequitur] out of it -- no causal connection.
Cocaine addled money laundering sexist nepotistic bro culture deserves all the harshness it gets.
I dare you to waste 6:17 minutes of your life that you will never get back watching this, and tell me they didn't spend a huge chunk of their investor's money on cocaine.
The synthesis of imagination: Rony Abovitz and Magic Leap at TEDxSarasota:
https://www.youtube.com/watch?v=w8J5BWL8oJY
>Surprises abound in this multimedia, surrealist talk/performance by Rony Abovitz and Magic Leap at TEDxSarasota. Rony is a recognized innovator and entrepreneur, having co-founded the pioneering robotics company, MAKO Surgical Corp, which was recognized by Deloitte as the #1 fastest growing tech company in North America in 2011. Part of TEDxSarasota's inaugural conference held on 12/12/12 with the theme "Creativity Matters" at the Historic Asolo Theatre in Sarasota, Florida.