Comment by Analemma_
1 day ago
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.
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.